# Memphis Meats (now Upside Foods) raises $161M led by SoftBank, Norwest and Temasek

Canonical page: https://technooptimist.io/stories/memphis-meats-now-upside-foods-raises-161m-led-by-softbank-norwest-and-4bfbac46
Date: 22 Jan 2020
About: [Upside Foods](https://technooptimist.io/companies/upside-foods.md)
Original source: https://techcrunch.com/2020/01/22/memphis-meats-raised-161-million-from-softbank-group-norwest-and-temasek/

Memphis Meats, the company later renamed Upside Foods, raised $161 million in a round led by SoftBank Group, Norwest and Temasek, bringing its total to about $180 million. The money was for a pilot production plant, a larger team and a first product launch.

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