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3 Mins Read Perfect Day, the pioneer in animal-free whey created through precision fermentation, has launched Nth Bio—a spin-off platform that will leverage its expertise and technology services for collaboration and hire. The Nth Bio name is taken from the math term the nth degree, meaning “to any required power”. And Perfect Day co-founder and CEO Ryan Pandya […]
3 Mins Read Paris-based food tech company Standing Ovation has closed an oversubscribed €12 million Series A financing round to scale its animal-free casein and alt-cheese products. The new funding was led by Astanor Ventures, with participation from Peakbridge, Seventure Partners, Big Idea Ventures, and Good Startup, among others. Standing Ovation’s Series A funding comes less than two […]
3 Mins Read Nestlé announced earlier this week that it is preparing to launch new dairy milk alternative using Perfect Day’s animal-free precision fermentation whey. The announcement builds on the multinational food giant’s recent investments into plant-based meat and dairy products. Nestlé said in a statement that it’s piloting a “novel” product through its new research and development […]
3 Mins Read Paris-based Nutropy announced it has raised €2 million in a pre-seed round for its novel precision fermented cheese expected to be market-ready within 24 months. Developed by Nathalie Rolland and Dr. Maya Bendifallah as a means to bring sustainable dairy to the French cheese market, Nutropy has earned early support. The pre-seed round was led […]
2 Mins Read New Zealand dairy giant Fonterra and bioscience company, Royal DSM, have launched a precision fermentation startup to create sustainable dairy proteins. The “complementary” nutrition company comes three years after Fonterra and DSM first partnered in exploring ways to disrupt the dairy industry with more sustainable and ethical alternatives. Fonterra produces approximately 30 percent of the world’s […]
3 Mins Read In a world’s first, biotech company TurtleTree says it has developed bovine lactoferrin—a protein abundant in colostrum—using precision fermentation technology. California- and Singapore-based TurtleTree says it spent 18 months developing LF+—the precision fermentation bovine lactoferrin that it says is the world’s first sustainable offering in this emerging category. “Looking at recent events like the infant […]
3 Mins Read As domestic appetite for dairy products grows, Chinese startup Changing Biotech is making milk proteins using precision fermentation to address this burgeoning demand. Changing Biotech, China’s first precision fermentation dairy startup, has emerged from stealth mode and announced a record-breaking $22 million Series A led by veteran domestic agtech venture capital fund Bits x Bites. […]
3 Mins Read California’s cult ice cream brand and celebrity favorite Coolhaus has made its debut in Singapore with six flavors. Coolhaus, now a subsidiary of the Urgent Company, uses Perfect Day’s precision fermentation whey as its base. The result is creamy ice cream with the taste and mouthfeel of conventional dairy. For its launch in Singapore, this […]
2 Mins Read A new round of funding will help All G Foods accelerate the production of its unique approach to milk alternatives that includes precision fermentation and a spin-off plant-based meat brand, Buds. The Australian-based All G Foods is the country’s first to develop cellular milk with products similar to those developed by Bay Area company Perfect […]
6 Mins Read Precision fermentation has been around for decades, and most of us eat foods that contain ingredients made using the technology on a daily basis. Animal-free dairy makers are now using it to bring you the cheese and milk you love without the environmental cost. As the alternative protein industry matures, it is increasingly under attack […]
4 Mins Read With what it’s calling a breakthrough for plant-based meat, food tech startup Paleo is opening up the opportunity for a range of sustainable proteins including an extinct woolly mammoth “paleo protein” via its novel precision fermentation heme technology. Beef, chicken, pork, lamb, and tuna join the paleo-era mammoth protein in the new patented line-up that […]
4 Mins Read Two years after California-based Perfect Day became the first company to earn GRAS status for its precision fermentation β-lactoglobulin—the primary protein in whey found in cow and sheep milk—Tel Aviv’s Remilk has become the second company using the same tech to earn the designation. The GRAS status (generally recognized as safe) means Remilk can begin […]
3 Mins Read The Australian Commonwealth Government has named Change Foods as a key partner in a new AUD$164 million Trailblazer Universities Food and Beverage Accelerator led by the University of Queensland and Queensland University of Technology (QUT). Change has confirmed it is receiving a grant of $3.1 million to support an existing research partnership between itself and […]
3 Mins Read Closing an $8.5 million Seed Round led by Chris Sacca’s Lowercarbon Capital, Maveron, Valor Siren Ventures, Simple Food Ventures, and SV Angel, Tomorrow Farms says it’s gearing up to fuel the “sustainable food revolution.” New York-based Tomorrow Farms has yet to launch a product, but with its latest funding, which brings its total raised to […]
7 Mins Read Last month, on an early spring afternoon, I was seated inside the Four Seasons hotel in Beverly Hills for a lunch dubbed “Taste the Future: A Luncheon Celebration of the Future of Food.” The “future of food” is a popular mantra for the times as food tech companies and farmers alike aim to fix a […]
3 Mins Read Colorado-based MycoTechnology has closed an $85 million Series E funding round. The investment was led by a representative of the Omani sovereign wealth fund, the Oman Investment Authority. Previous investors joined the round, including Tyson Foods, S2G Ventures, and Evolution VC partners. New backers joined alongside. Funding has been raised to help with the global […]
3 Mins Read Atlanta’s CP Kelco has announced a strategic partnership with ingredient startup Shiru. The two will work together to leverage the latter’s ’Flourish’ platform with Kelco’s precision fermentation capabilities. The goal is to push clean label ingredients identified by Emeryville-based Shiru’s AI technology through faster screenings and trials, with market release following soon after. Shiru’s Flourish […]
3 Mins Read California’s MeliBio has closed a successful seed round with $5.7 million invested for its bee-less honey made without bees led by Astanor Ventures, with some existing backers doubling down and new names coming on board. Funding will be used to scale its proprietary precision fermentation technology for manufacturing the company’s honey without bees and to […]
5 Mins Read Australian-Californian animal-free dairy startup Change Foods has secured $12 million in a seed extension fundraising round, bringing the company’s total company seed funding to more than $15.3 million. This represents a first for the precision fermentation sector and will support continued R&D ahead of commercial launch. The oversubscribed was led by Route 66 Ventures. Upfield, […]
3 Mins Read Formo and Brain Biotech are working collaboratively to bring bioidentical milk proteins to commercial viability. The move will see the two German natives bringing their expertise together, while using shared platforms for scaled fermentation capability. Formo has developed an animal-free milk protein that can be mass-produced using the Brain Engineered Cas platform. Global potential is […]
4 Mins Read Attitudes towards precision fermentation dairy are being put under the spotlight. A joint study carried out by Formo, Mercy For Animals, and Fordham University, has reported positive feelings about the sector and its impact on animals. Amongst the findings, “strong consumer enthusiasm” is a key takeaway, with curiosity surrounding animal-free dairy ranking highly as well. […]