# Raising Capital for Alt-Protein in the Midst of the Winter

Page: https://stenobird.com/podcast/business-for-good-podcast-641837/raising-capital-for-alt-protein-in-the-midst-of-the-winter
Text version: https://stenobird.com/podcast/business-for-good-podcast-641837/raising-capital-for-alt-protein-in-the-midst-of-the-winter.md
Podcast: [Business for Good Podcast](https://stenobird.com/podcast/business-for-good-podcast-641837)
Published: 2025-10-01T13:00:00+00:00
Episode link: https://businessforgoodpodcast.libsyn.com/raising-capital-for-alt-protein-in-the-midst-of-the-winter
Audio file: https://traffic.libsyn.com/secure/businessforgoodpodcast/B4G_EP_175_Final.mp3?dest-id=761849
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JSON: https://stenobird.com/v1/public/podcasts/business-for-good-podcast-641837/episodes/raising-capital-for-alt-protein-in-the-midst-of-the-winter
Duration seconds: 2034

## Resource

Recently Alex Shandrovsky had me as a guest on his show, the Investment Climate Podcast to talk about The Better Meat Co. 's recent funding round . When it came out, more than one Business for Good listener heard it and told me they thought it would make a good episode to release to our audience too, so this episode is simply the conversation Alex and I had for his podcast. If you've been following the alternative protein sector (and the broader biotech sector), you've likely seen the wave of challenges that fermentation, cultivated, and plant-based startups have faced over the past few years. As recent AgFunder News reporting confirms, ag and food tech investment is at a decade-long low. One active food tech VC even declared that foodtech investing is "maybe as bad as it's ever been." Some days, building a startup in our sector can feel like being a player in Squid Game—with about the same odds of survival. While layoffs, bankruptcies, shutdowns, and cash-free acquisitions have been rampant in our sector lately, BMC has never conducted layoffs. Instead we've always been very frugal, and we tightened our belt even further in the past year, all while continuing to make important progress toward our aspirations of slashing humanity's footprint on the planet. This has been true in the midst of the three-year litigation we endured, the collapse of our bank and subsequent (temporary) loss of all funds , the painfully wintry investment climate for alt-protein, and other seemingly innumerable challenges. Our ethic of frugality will certainly continue in this new era of scaleup for our company. This financing is hardly the end of our story. Receiving investor dollars isn't our goal; it's solely a means to the end of building a profitable business that will help put a dent in t…

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