This Startup Just Raised $75M to Make a More Cheesy Plant-Based Cheese

Nobell Foods announced a $75 million Series B round of funding as it launched out of stealth today, backed by Andreessen Horowitz, Breakthrough Energy Ventures, and other investors on July 21. In total, it has raised $100 million so far. For more than four years, the company has pioneered a new way to make dairy products from plants.