Imagine a bunch of skinny jean-wearing hipsters sitting in a well lit studio above a Cambridge coffee shop adorned with minimalist artwork, drafting the next greatest amalgamation of styles of sofa bed, ready to wow the pants off the world of industrial design.
Native Traits, a Michigan based bio tech company, has received a $250,000 commitment from Northern Michigan Angels investment group. Founded in 2013, Native Traits set up shop in Kalamazoo and specializes in the utilization of proprietary NT Recovery technology to isolate the traits that make heirloom corn more capable of enduring drought and more tolerant of hot and cold temperatures.
Venture Beat is reporting that Soylent, a meal-replacement startup, is raising $10 million lead by investor Andreessen Horowitz. According to Re/Code, Soylent has previously raised $1.5 million in funding from Lerer Hippeau Ventures and Andreessen Horowitz.
Hampton Creek has just announced a huge $90 million Series C financing led by Li Ka-Shing’s Horizons Ventures and Khosla Ventures. This comes just ten months after a $23 million Series B was announced in February, bringing their total funding to $120 million.
The Boston Business Journal reports that food diagnostics company, Sample6, has raised an additional $2.5M from founder and board member Tim Lu, adding to the $11M Series B they raised in October 2013 from Canaan Partners, Cultivian Sandbox, and Flybridge Capital Partners.