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NotCo

NotCo

NotCo is a food science company located in Santiago, Chile, making plant-based Greek yogurt, milk, cheese and mayonnaise, with the help of their artificial intelligence software called Giuseppe.

OverviewStructured DataIssuesContributors

Contents

notco.com
thenotcompany.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Biology
Biology
Manufacturing
Manufacturing
Plant-based products
Plant-based products
Technology
Technology
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Cell-based meat
Cell-based meat
Plant-based meat
Plant-based meat
...
Location
Santiago
Santiago
‌
Santiago (Lisbon)
B2X
B2C
B2C
CEO
Matias Muchnick
Matias Muchnick
Founder
‌
Karim Pichara Baksai
0
‌
Pablo Zamora
0
Matias Muchnick
Matias Muchnick
AngelList URL
angel.co/company/notco
Pitchbook URL
pitchbook.com/profiles...168412-15
Legal Name
NotCo
Accelerator
IndieBio
IndieBio
Accelerator Batch
‌
IndieBio Class Five
Number of Employees (Ranges)
201 – 5000
Email Address
whynot@thenotcompany.com
Place of Incorporation
United States
United States
Investors
L Catterton
L Catterton
SOSV
SOSV
IndieBio
IndieBio
Kaszek Ventures
Kaszek Ventures
The Craftory
The Craftory
Future Positive
Future Positive
Bezos Expeditions
Bezos Expeditions
0
Roger Federer
Roger Federer
...
Founded Date
2015
Total Funding Amount (USD)
366,000,000
Latest Funding Round Date
2021
Latest Funding Type
Series D
Series D
Patents Assigned (Count)
8
Wellfound ID
notco
Country
Chile
Chile
Headquarters
Santiago
Santiago

Other attributes

Blog
medium.com/@NotCo
Company Operating Status
Active
Postmoney Valuation
1,500,000,000
Invested in
Zoma Capital
Zoma Capital
Tiger Global Management
Tiger Global Management
DFJ Growth
DFJ Growth
Latest Funding Round Amount (USD)
235,000,000
Wikidata ID
Q101609467

NotCo is a food science company using artificial intelligence to create novel plant-based meat and dairy alternatives. The company was founded by Matias Muchnick, Pablo Zamora, and Karim Pichara, and is located in Santiago, Chile.

Use of artificial intelligence
Giuseppe

NotCo is developing its own machine learning software technology called "Giuseppe", that learns to predict how to make plant-based ingredients tastes like animal-based products. NotCo is using Giuseppe to map similarities in plant protein and animal proteins using machine learning and genomics to better predict which plant-based ingredients will combine best to emulate animal proteins. Founder and CEO of NotCo, Matias Muchnick, believes that "If we can map the genome of a lentil or whatever bean there is, you could easily understand and predict whether that bean could emulate an animal-based protein." NotCo claims Giuseppe can sort through food consumer needs such as nutrition, sustainability, texture, flavor, and color, in ways which help create plant-based products.

Products
  • Not Mayo
  • Not Milk
  • Not Yogurt
  • Not Cheese

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Algorithms Could Rewrite the Recipes of the Future

Joseph Bien-Kahn

https://www.theringer.com/features/2017/11/14/16645200/notco-algorithm-food-industry

Web article

An eggless mayo startup is out to beat Hampton Creek -- here's the verdict

Erin Brodwin

https://www.businessinsider.com/eggless-mayo-startup-out-to-beat-hampton-creek-taste-test-2017-9

Web article

Chilean start-up that uses AI to reinvent food eyes U.S. deals

Rosalba O'Brien

https://www.reuters.com/article/us-chile-tech/chilean-start-up-that-uses-ai-to-reinvent-food-eyes-u-s-deals-idUSKBN13U2SV

Web article

Chilean startup: 'Using technology for plant-based food development is going to be huge'

foodnavigator-usa.com

https://www.foodnavigator-usa.com/Article/2018/09/13/The-Not-Company-Chile-to-launch-Not-Milk-and-expand-Not-Mayo-in-LATAM

Indie Bio - Demo Day #5 - NotCo

https://www.youtube.com/watch?v=BK3wYZkQs1c

October 13, 2017

References

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