As animal-free dairy alternatives become more popular, Hochland and Tnuva both took part in the vegan dairy technology developer's latest round.
Remilk, an Israel-based producer of animal-free dairy technology, has secured $120m in funding from investors including dairy product supplier Hochland and food producer Tnuva, The Times of Israel has reported, underlining the growth of vegan and animal-free food products.
Venture capital fund Hanaco Ventures led the round and was also joined by Rage Capital, CPT Capital, Fresh.fund, OurCrowd and Precision Capital.
Founded in 2019, Remilk uses a fermentation process that inserts genetic code into single-cell microbes to create milk proteins…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
