Plant-Based Salmon Company Lands IKEA Investment; Opens Facility Ahead of North America Launch
New School Foods wrapped up a $6 million Seed Extension round which included an investment from IKEA and other firms. Alongside the funding round, New School Foods unveiled its new pilot production facility in Toronto.
Inter IKEA invested in the plant-based salmon manufacturer as it looks to provide more “sustainable food options” for its customer base. This has been a trend for IKEA as the company has eyed other plant-based alternatives in recent years. Specifically, IKEA wants its menus to be 50%...
To Read Full Story Login Below.