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Asia's Richest Man Is Betting Big On Silicon Valley's Fake Eggs

Daniel_Stuckey (2647775) writes | about 2 months ago

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Daniel_Stuckey (2647775) writes "Li Ka-shing, widely billed as Asia’s richest man, announced a $23 million Series B investment in Hampton Creek Foods through his fund Horizon Ventures on Monday, bringing the food technology startup’s total take to $30 million after initial investments by people including Vinod Khosla, co-founder of Sun Microsystems. Bill Gates is also an investor and fan.

The egg replacement still requires fine-tuning, according to Hampton Creek CEO Josh Tetrick, but the company’s mayonnaise replacement is already on shelves at stores including Whole Foods and some of the largest retail brands in the country. (Mayo is usually made with eggs and vinegar.)"

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