US multinational food manufacturer General Mills has revealed it is using fermentation to produce plant-based cheeses. The company will market the products under a development brand called Renegade Creamery.
Bold Cultr, General Mills’ Animal-Free Cream Cheese Venture, Closes After Losing Funding
Animal-free cream cheese startup Bold Cultr has suddenly closed its doors, the company announced yesterday, following a “difficult” decision by parent company General Mills to deprioritize its funding. Revealing the news to fans on social media, Bold Cultr stated it began as a unique startup launched by G-Works, General Mills’ corporate venture studio, which was created to solve food-related consumer problems through experimental innovation. According to Bold Cultr, G-Works regularly reviews its innovation portfolio to evaluate its investments, and made the decision to deprioritize the brand’s funding, leading it to close operations on February 27. Recent partnership The company’s abrupt closure comes just over a month after announcing a collaboration with Israeli alt-dairy company Remilk. In January, the two companies unveiled a new cream cheese …