Cultivated Biosciences raises USD 5 million to accelerate the development of its microbial cream
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The financial boost secured by the pioneering biotech firm will expedite the collaboration with the food industry to develop its innovative yeast cream and facilitate preparation for its anticipated market launch in 2025.
The dairy-free industry has seen significant growth, but products still struggle to match the taste and texture of traditional dairy. Cultivated Biosciences offers a solution with its yeast-derived cream, which imitates the creaminess of dairy without additives. The cream is made from a special type of yeast and has been validated in products like coffee creamers and ice cream. The yeast cream contains fats, proteins, and fibers, all from the yeast, featuring a microstructure of yeast lipid droplets which resemble milk fat ones. The production process involves yeast biomass fermentation, a method distinct from precision fermentation as it is non-GMO, cheaper and more easily scalable.The company recently secured funding from Navus Ventures, Founderful, HackCapital, Lukas Böni — the founder of Planted, US-based Joyful VC, Mandi Ventures, and Zürcher Kantonalbank, to scale up production and bring its ingredients to market by 2025. CEO Tomas Turner expressed optimism for the future, aiming to make alternative dairy products appealing to traditional dairy consumers while reducing CO2 emissions from dairy production.
Cultivated Biosciences was ranked among the Top 100 Swiss Startups in 2022 and 2023 and won the second stage of Venture Kick in 2022.
Cultivated Biosciences team: Co-Founder & CTO Dimitri Zogg, Co-Founder & CEO Tomas Turner, and Chief Commercial Officer Lucie Rein
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