Provider of animal-free dairy proteins intended to provide the same nutritional profile and food functionality of the proteins found in cow's milk. The company's proteins are sustainable, vegan and lactose-free, enabling food manufacturers to formulate animal-free products with less reliance on starches, gums and stabilizers.
Generating Revenue
Privately Held (backing)
Venture Capital-Backed
The company closed on $11.75 million of convertible debt financing from undisclosed investors on May 18, 2018. Earlier, the company raised $20.5 million of Series A2 venture funding in a deal led by Temasek Holdings on February 27, 2018, putting the company's pre-money valuation at $45 million. Green Monday, Continental Grain, Verus International, Lion Ventures, Horizons Ventures, ICONIQ Capital and other undisclosed investors also participated in the round.
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