Cultivated Biosciences Raises $5M in Funding for Alternative Dairy
Cultivated Biosciences, a pioneering Swiss biotech food startup, announced the successful closing of its seed funding round, securing $5 million to fuel its ambitious growth plans. This significant financial injection will accelerate both the development of their yeast cream in collaboration with the food industry and preparation for the market launch in 2025.
The dairy-free sector has experienced considerable growth and innovation recently. Still, the products fail to convince consumers as the various attempts of mixing plant-based proteins with vegetable oils and additives like emulsifiers and texturizers still don’t exactly replicate the dairy experience. They also don’t meet expectations in terms of health and sustainability, as additives and exotic oils are used. Cultivated Biosciences offers a sustainable and healthy solution with its yeast-derived cream, a critical ingredient for mimicking the creaminess, functionality, and color of traditional dairy cream. This ingredient improves the texture and stability of dairy-free products, replaces additives, and doesn’t affect taste.