Investment by The Craftory in NotCo and TomboyX

Deal typeTransaction Services
IndustryManufacturing & Retail & Consumer
Client nameThe Craftory

BDO provided financial and taxation due diligence services to The Craftory on their initial two investments.

NotCo is an innovative food technology business that utilises AI to develop plant-based food alternatives.

The Craftory led the $30m round, investing $18m alongside Jeff Bezos’ family office and existing investors (Kaszek Ventures and IndieBio). The investment will fund new product development, like milk and ice cream, and support NotCo's international expansion.

TomboyX is a direct to consumer, gender-neutral underwear brand.

 The Craftory invested $18m into TomboyX as part of the Company’s Series B funding round, becoming the largest shareholder. The funds will be invested in product development and brand campaigns.

"We found BDO highly responsive and receptive during our deal process. It was a pleasure to work with them and we look forward to working with them on future transactions."

Olivia Cramer, Investor- The Craftory