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Air Protein — a startup using fermentation to make a meat alternative out of elements in the air — just closed a $32 million funding round, according to Food Dive. The round was led by Barclays, GV (formerly Google Ventures), and ADM Ventures. Founded by former strategy consultant and physicist Lisa Dyson, the company is built around NASA’s 1960s-era research that allowed astronauts to convert carbon dioxide into food. “With this funding, we will be able to accelerate our work towards providing innovative, environmentally friendly, highly nutritious alternatives that will play an important role in meeting the growing global demand for alternatives to animal protein,” said Dyson in a press release, according to Food Dive. “We are commercializing a novel technology platform that is capable of scaling to large-scale production to help feed the world’s 10 billion people by the year 2050, in the most sustainable approach available today.” The funding will be used to launch an innovative...
GV, the company formerly known as Google Ventures, just got its first Black female partner. Fortune reports GV — an Alphabet-backed venture capital firm that has made investments in GitLab, Slack, and Uber — has just promoted Principal Terri Burns to investing partner. This title will grant her the ability to write checks and at age 26, Burns will make history as the firm’s youngest-ever partner. Burns, as a Black woman, is a unicorn in an industry long dominated by white men. In the VC world, slowly but surely some progress has been made. According to All Raise , the number of female decision-makers grew from 9 percent at the end of 2017 to 13 percent this past February. Only one Black woman has been named partner at any VC firm in 2019, per Fortune , and Black people made up just 0.67 percent of all entrants to the industry between 2010 and 2015. Prior to spending three years at GV as a principal, Burns was an associate product manager at Twitter and had already made out checks...