The Company That's Trying To Make Eggs Obsolete Is Raising $50 Million At A $300 Million Valuation
Hampton Creek
Earlier this year, the company raised $23 million in a series B round. In all, the company has raised around $30 million.
Hampton Creek makes mayo and cookie dough that are egg-free, and sells them directly to grocery stores, such as Whole Foods. The company says that its product is 48% cheaper than using chicken eggs.
The company also announced that its most-recent big hire, Ali Partovi - who's also an investor - will be leaving the company.
Sources told Re/code that Vy Capital is leading the latest round, but other investors are involved as well.
Previous investors include Horizon Ventures, Khosla Ventures, and Founders Fund.
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