The Green Queen article “Lypid Bags $4 Million In Seed Funding For Vegan Meat Fat Scale-Up Investigation” reports the round was led by Green Generation with additional support from Big Idea Ventures and SOSV’s IndieBio. According to the article, Lypid (SOSV IBSF11 2021) co-founders Jen-Yu Huang and Michelle Lee aim to use the capital to scale and commercialize their product, PhytoFat, which is said to have animal fat-like properties such as mouth feel, transfer of flavor, and melting point.