Business

After U.S. patent, NotCo sells products on Amazon

The Chilean startup also announced its first U.S. patent for its algorithm to make plant-based food

Photo: Courtesy/NotCo

Now, U.S. citizens can buy NotCo’s plant-based milk through Amazon. The announcement comes nearly a year after the food tech’s arrival in the U.S.

The Chilean startup also received the formalization of its first U.S. patent for its algorithm Giuseppe, which explores new combinations of plants to replicate animal-based food products. “We knew about this amazing milestone for a few months now”, wrote Matías Muchnik, NotCo’s CEO, on LinkedIn. “It was the first of seven patents awarded to date,” he said, showing the physical award that marked the achievement.

READ ALSO: Chile’s Bezos-backed NotCo raises $235 million round and is the new Latin America’s unicorn

Founded in 2015 by Matías Muchnick, Karim Pichara, and Pablo Zamora, the Jeff Bezos, NotCo became Chile’s first unicorn, valued at $1.5 billion, in July this year, after raising a $235 million funding round led by Tiger Global and with the participation of individual investors such as athletes Lewis Hamilton and Roger Federer. More than a year before that, in 2020’s third quarter, NotCo’s debut in the United States was powered by an $85 million-dollar Series C Round with key industry investors including Bezos ExpeditionsFuture Positive, and L Catterton

NotCo now operates in six countries in the Americas and plans to invest more in its artificial intelligence technology, 

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