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Uruguay-based Terraflos acquired a majority stake in Peruvian foodtech startup +NUTRI Co in an eight-figure deal. Cofounders Carlos Noceda and Daniel Nuñez remain shareholders and will continue leading the business. +NUTRI Co uses its AI platform Virgilio IA to formulate functional foods and operates in Peru, Chile, and Mexico. The acquisition expands Terraflos' functional foods presence and will launch +NUTRI Co Functional, a new product line.
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Summary by ByteBrief
Nous secures €2.3M+ seed funding to scale Koncentra