New Zealand-based animal-free cheese producer New Culture has raised $25 million in its Series A funding round. The oversubscribed round was led by Ahren Innovation and CPT Capital.
New Culture’s Animal-Free Mozzarella Sparks $5M in Early Demand from Pizzerias Nationwide
Animal-free dairy company New Culture has secured more than $5 million in early demand for its mozzarella from pizza chefs and restaurant operators across the United States. The company’s product, made using precision fermentation rather than traditional dairy sources, is expected to launch at select pizzerias, starting with Los Angeles-based Pizzeria Mozza. The company has engaged with pizzerias ranging from independent operators to national chains, conducting product tastings and receiving feedback on performance in various pizza-making environments. Chefs have tested the cheese in wood-fired, gas, and electric ovens at temperatures ranging from 550°F to 900°F, reporting consistent results across a variety of pizza styles, including Neapolitan, New York, Detroit, and grandma-style pies. CEO and co-founder Matt Gibson states, “We hear from pizza chefs and operators …