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Deal Cases

L Catterton | NotCo

7 February 2024


In August 2020, L Catterton invested in NotCo, a Chile-based foodtech company that leverages machine learning and Artificial Intelligence to develop tasty, healthy and environmentally friendly plant-based food products.

Since L Catteron’s investment, the company has expanded to three new countries, expanded to 10k stores in North America through major retailers and had nearly 12x growth in net sales since 2019. NotCo has also launched environmental impact initiatives from within the organization, such as purchasing carbon offsets from third-party providers for emissions generated by employee commutes, and aims to eliminate plastic packaging by 2025.