Mi Terro has raised $1.5 million led by Astanor, aiming to scale production of sustainable protein alternatives derived from agricultural waste, valued at $10 million.

Information on the Target

Mi Terro is an innovative company focused on converting agricultural waste into sustainable protein alternatives. Their products serve various applications, including acting as a replacement for plastics and providing nutritional animal feed. With a mission to tackle waste and reduce environmental impact, Mi Terro operates at the intersection of sustainability and technology.

The recent funding round will enable Mi Terro to scale up its production capacities significantly. With a current valuation of $10 million after raising $1.5 million, the company is poised to expand its reach in the burgeoning sustainable materials market.

Industry Overview in the Target’s Specific Country

The agricultural waste management market is experiencing rapid growth due to increasing awareness of environmental issues and the need for sustainable practices. In the United States, where

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Astanor

invested in

Mi Terro

in 2023

in a Seed Stage deal

Disclosed details

Transaction Size: $2M

Enterprise Value: $10M

Equity Value: $10M

Deal Parameters
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