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Lypid develops PhytoFat, a plant-based fat alternative for meat products.
Founded in 2020 by Jen-Yu Huang and Michelle Lee, Lypid is a California-based food technology company developing PhytoFat, a vegan fat alternative made from plant oils and water. It can be customized for different melting points and textures. In March 2022, Lypid raised USD 4 million in seed funding led by Green Generation Fund, with Big Idea Ventures, Foodland Ventures, IndieBio, and other investors participating.
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