microbial whey proteins maker daisy lab

© Daniele Barison/ Daisy Lab

Fundraising

NZ: Daisy Lab Announces $1.5M Seed Round for Microbial Whey Protein

Daisy Lab, a New Zealand food tech startup developing proteins using precision fermentation, announces a $1.5 million seed round to scale up the company’s microbial whey protein production. The startup’s goal is to complete the round before the end of the year. Daisy Lab has recently made groundbreaking discoveries, establishing three whey protein expression systems –one of them with full IP rights– to produce whey proteins using microbial hosts, the startup explains. Irina Miller, Daisy Lab’s cofounder and CEO, believes that “if the seed target is met, we will have whey-based products by mid-2023, ahead of what we have previously anticipated.” Scaling whey proteins for dairy products Daisy Lab has been experimenting with microbes to produce dairy proteins since 2021. This year, the startup received …

more

Float Foods OnlyEg

©Float Foods

Investments & Finance

Singapore’s Float Foods in Oversubscribed Seed Round for its Whole Egg Alternative

Float Foods, the Singaporean food tech startup known for its innovative plant-based egg substitute OnlyEg, has announced funding of SGD $2.2 million (approx USD $1.66 million) in an oversubscribed seed funding round. The capital raise will boost R&D and accelerate the commercialization of its flagship product. Looking to commercialize OnlyEg in a proprietary line of plant-based whole egg technologies, the company is developing the product to have the versatility to be compatible with all diets and cuisines. The closest market alternatives are currently liquid blends egg substitutes limited in preparation to scrambled eggs and omelettes. The legume-based OnlyEg claims to achieve a comparable degree of likeness to a real chicken egg and will be commercialised as two separate components – egg yolk and egg white. …

more

Bond Team

Rich Kelleman, Co Founder/CEO, Pernilla Audibert, Co-Founder/CTO, and Luis Brandao, Senior Research Scientist, Bond Pet Foods

Pet Food

Bond Pet Foods Completes $1.2 Million Seed Funding Round

Bond Pet Foods, Inc., the Boulder-based company using biotechnology to make animal-free pet food, announces that it has completed its seed funding, totaling $1.2 million. Founded in 2017 by Rich Kelleman and Pernilla Audibert, Bond creates slaughter-free meat proteins for cats and dogs, based on the belief that it isn’t necessary to harm one animal to feed another.

more