Browsing tag
4 Mins Read New York’s Tomorrow Farms is looking to ‘give cows a break’. The food tech is focused on creating animal-free milk and has partnered with Perfect Day. Tomorrow Farms will soon be launching its Bored Cow line of flavoured milk drinks, following a successful fundraising round earlier this month. Lowercarbon Capital led the recent seed funding […]
3 Mins Read California’s Perfect Day has been confirmed as the winning bidder in an auction for Mumbai-based Sterling Biotech. The reported final figure was Rs 638 crore, with the reserve set as Rs 548.46 crore. Sterling entered into the liquidation process following insolvency and a failure to provide any resolution plan. Proceedings were started in 2018 by […]
4 Mins Read Betterland Foods has announced its newest animal-free dairy product. Dubbed ‘WOO’, the initial bar has been designed to mimic the successful combination of chocolate, nougat, caramel and peanuts that conventional Snickers bars are known for. The key difference is that Woo contains half the sugar, twice the protein and just 200 calories. It’s also animal […]
3 Mins Read Coffee giant Starbucks is testing Perfect Day’s fungi-based dairy-identical milk in select Seattle locations, the company announced earlier this week. Perfect Day, the Bay Area food-tech startup, has been on a roll. The brand, which is now valued at more than $1.6 billion, recently raised $350 million in its efforts to remove cows from the […]
4 Mins Read Brave Robot, the animal-free ice cream brand made with Perfect Day’s precision fermentation real dairy proteins, will begin displaying its carbon footprint on its packaging. The company claims the move will make it the first dairy ice cream product in U.S. retail to publish its footprint, which according to a life-cycle assessment is 34% lower […]
4 Mins Read Partnering up with U.S. fermentation dairy food tech Perfect Day, Hong Kong’s Igloo Dessert Bar has launched Asia’s first-ever animal-free ice cream made with real dairy proteins, but without any cows. Forged alongside Li Ka-shing’s tech venture capital firm Horizon Ventures, the collaboration brand is dubbed Ice Age!, and will offer customers a line-up of […]
3 Mins Read California-based alternative dairy startup Perfect Day will soon open its Singapore-based R&D centre this year, in partnership with the government-run Agency for Science, Technology and Research (A*STAR). Called the A*Star-Perfect Day Joint Lab, the facility will focus on further developing Perfect Day’s precision fermentation technology while the Singapore government seeks to double down its self-sufficiency […]
3 Mins Read Animal-free dairy makers Perfect Day has recently announced that Robert Iger, former CEO and current executive chairman of The Walt Disney Company has joined the startup’s board of directors. Filling the first founder-designated board seat along with the Perfect Day’s co-founders, Iger will support the company’s rapid expansion and commercialisation plans within the next year. […]
3 Mins Read The founders of California-based food tech Perfect Day have joined with a product developer in the dairy industry to launch Urgent Company, a new sustainable consumer food company. Its first brand will be Brave Robot, which will offer a line of animal-free dairy ice creams made using Perfect Day’s technology. Brave Robot has emerged as […]
3 Mins Read California-based food tech Perfect Day has expanded its Series C funding round to US$300 million following a second tranche led by a US$50 million injection from Thematic Investing, the investment group under the Canada Pension Plan Investment Board (CPPIB). Unlike plant-based alternatives, Perfect Day uses fermentation to replicate real dairy proteins whilst eliminating the animal […]