Toronto Startups AuX Labs & Genuine Taste Join BioCreate Accelerator to Create Alternatives to Cheese and Beef
Two cutting-edge biotech startups from Ontario, Canada — AuX Labs and Genuine Taste — have been selected to join BioCreate, an accelerator program that supports innovative companies in the health, food, agriculture, and cleantech sectors. AuX Lab was founded in 2021 by Ted Jin to create affordable bioidentical animal proteins using precision fermentation and engineered yeasts. The company is working to develop yeast strains with high protein-yielding capabilities and a bioprocess fueled by low-cost feedstocks established in “capital-light” fermentation facilities. AuX Lab’s first protein — milk casein — is used to create animal-free cheese with the same taste and melting and stretching functionalities as dairy cheese. The startup has raised $3 million in a seed round from investors Bluestein Ventures, Congruent Ventures, and Flying Fish Partners. Meanwhile, Genuine …