Alternative Milk: Daisy Labs Closes Seed Round
Summary
Daisy Lab has recently closed its seed round and secured funding to scale up its production of whey protein and continue its research into caseins. Daisy Lab is at the forefront of this field, and their efforts to develop dairy-identical proteins using precision fermentation are essential innovations. Daisy Labs cutting-edge approach could potentially revolutionize the industry and significantly improve its sustainability.We are grateful to Latesha Randall, who kicked off the round with Values Trust at the end of last year, and everyone who backed us: Icehouse Ventures, Outset Ventures, Paul Davidson, Even Capital, Serge van Dam, Melanie Vivian, Ph.D., Adam Clark, K1W1, Sustainable Food Ventures. Commented the company on its latest funding roundThe Dairy Industry In New ZealandStatistas latest report shows that the dairy sector significantly contributes to New Zealands economy, accounting for over 10 billion New Zealand dollars. New Zealands core dairy products will face even more competition, with more Kiwis opting for plant-based diets, and the alternative milk segment is growing locally and internationally.