Standing Ovation Raises €3.75M for Fermented Casein, Eyes 2025 USA Launch with New CEO
French biotech Standing Ovation, which specializes in precision-fermented casein for animal-free dairy, announces it has raised €3.75 million in Series A+ funding. The funds will accelerate the company’s growth and the distribution and sales of its flagship protein ingredient — Advanced Casein — in the USA in 2025. This new capital adds to the €12 million secured in the original round, led by Astanor Ventures in 2022. Peakbridge, Seventure, Good Startup, Big Idea Ventures, and the industrial group Bel also participated. The Paris-based startup has also received €3 million in funding from the French government and Bpifrance to accelerate the production of its fermented caseins, bringing the total raised by the company to €23 million in just four years. Laetitia de Panafieu, the Astanor representative on …