Continental Grain was among the investors in the vegan dairy protein developer's $24.7m round, which was led by Temasek.
US-based animal-free dairy protein manufacturer Perfect Day has secured $24.7m in series A funding from investors including agribusiness Continental Grain.
The round was led by Singaporean state-owned investment firm Temasek and included multi-family office Iconiq Capital, investment firm Lion Ventures and private equity firm Verus International as well as unnamed additional backers.
Founded in 2014 as Muufri, Perfect Day is working on animal-free dairy proteins that offer the same nutritional benefits and taste as cow’s milk.
The product is intended…
