De Novo Foodlabs to Revolutionize Health & Wellness Market with Anti-Aging, Animal-Free Lactoferrin
The US-based precision fermentation company De Novo Foodlabs announces it has secured new funding to expedite the commercialization of its flagship ingredient, NanoFerrin. NanoFerrin is said to be a “nature-identical” alternative to bovine lactoferrin, a protein renowned for its iron-rich content and effectiveness in mitigating aging-related changes, according to De Novo Labs. The undisclosed round was spearheaded by California’s Joyful Ventures, a venture capital firm specializing in sustainable proteins, led by prominent figures such as Jennifer Stojkovic of the Vegan Women Summit and Milo Runkle, co-founder of the Good Food Institute. Including this round, De Novo Foodlabs has raised a total of $4 million following initial investments from Sustainable Food Ventures, Siddhi Capital, Pascual Innoventures (Mylkcubator), UM6P Ventures, CULT Food Science, and Prithvi Capital. Runkle …