Lever VC readies up to $28m for China's alternative protein startups

Lever VC readies up to $28m for China's alternative protein startups

A package of Beyond Meat Inc. plant-based sausage is displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019.

New York and Hong Kong-based venture capital firm Lever VC, which invests in early-stage alternative protein startups, has joined hands with global venture accelerator firm Brinc to support the development of plant-based, cell-cultivated meat and dairy companies across China.