Benson Hill, a St. Louis-based food tech company, closed a $150m Series D funding round.
The round was led by Wheatsheaf Group and GV (formerly Google Ventures) with participation from Argonautic Ventures, Caisse de dépôt et placement du Québec, Emart, GS Group, Louis Dreyfus Company, iSelect Fund, Fall Line Capital, Mercury Fund, Prelude Ventures, Prolog Ventures, S2G Ventures, and additional strategic and family office investors.
The company intends to use the funds to accelerate efforts to deploy its platform technology, expand partner development across the supply chain, and scale product commercialization efforts.
Led by Matt Crisp, CEO, Benson Hill is advancing Cloud Biology® and the CropOS™ platform, a food innovation engine that combines data science and machine learning with biology and genetics. CropOS is the platform that makes Cloud Biology actionable, accelerating the precision and speed of product development. In this way, the company empowers innovators to unlock nature’s genetic diversity from plant to plate, with the purpose of creating healthier food and ingredient options that are both widely accessible and sustainable.
The company’s portfolio of soybean varieties delivers a full range of in-demand premium attributes, including digestibility, heart-healthy omega fatty acids, and higher protein that serve the plant-based food, healthy oils, animal feed and aquaculture markets.