"Food tech startup Perfect Day has expanded its Series C round to $300 million through a new tranche led by a $50 million infusion from Canada Pension Plan Investment Board’s investment group Thematic Investing.
Perfect Day produces animal-free dairy proteins through fermentation, a biotech process that enables the company to eliminate the environmental and animal welfare concerns that come from using cows. The proteins, which are molecularly identical to those produced by cows, can then be used in making dairy products like ice cream and cheese."
Congrats @[904650257:2048:Francesca Manea] (and team)!
https://fortune.com/2020/07/08/perfect-day-300-million-series-c/
Perfect Day produces animal-free dairy proteins through fermentation, a biotech process that enables the company to eliminate the environmental and animal welfare concerns that come from using cows. The proteins, which are molecularly identical to those produced by cows, can then be used in making dairy products like ice cream and cheese."
Congrats @[904650257:2048:Francesca Manea] (and team)!
https://fortune.com/2020/07/08/perfect-day-300-million-series-c/