Jason Bull, Chief Technology Officer, Benson Hill. Photo credit: Benson Hill

Benson Hill, a food technology company, has raised $150 million in Series D funding co-led by Alphabet’s GV and UK venture capital firm Wheatsheaf Group, with participation from other investors including Argonautic Ventures, Caisse de dépôt et placement du Québec (CDPQ), Louis Dreyfus Company, S2G Ventures, and Prolog Ventures. The new funding brings the total amount of outside financing raised by Benson Hill to $282 million. 

Benson Hill is a company that applies data science and machine-learning techniques to optimize for the production of healthier and more sustainable food. At the center of its business is the CropOS software platform that caters to data analytics and the use of biological knowledge to identify plant genetics. Benson uses the knowledge gained from its analysis to breed a variety of crops.

With its new round of funding, Benson Hill says it’ll continue to develop its CropOS platform and bolster its business by recruiting top talent and aiming for more product launches. Particularly, the company is targeting the commercial launch of its first “Ultra-High Protein” soybean varieties by next year.

Benson Hill’s work in plant genetics is helping to accelerate the adoption of plant-based alternatives to food items like meat, milk, and eggs, and with the market for plant-based food alternatives poised for huge growth, it seems that Benson Hill will also ride that wave. As to that, it shouldn’t be startling that the company has garnered nearly $300 million in funding from a host of investors. 

Benson Hill as a company is based out of the US state of Missouri.

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