Hochland, Tnuva and Tempo all contributed to an $11.3m round that will help the vegan dairy protein developer bolster its production and distribution.
Israel-based dairy substitute producer Remilk closed an $11.3m funding round yesterday that included packaged food providers Hochland, Tnuva and Tempo.
Venture capital fund Fresh.fund led the round, which was also backed by OurCrowd, CPT Capital, ProVeg and private investors including Bradley Bloom, Sake Bosch, Amiad Solomon and Beni Nofech.
Remilk uses microbial fermentation to produce dairy proteins it claims are identical to the real thing, so they can be used as the basis for vegan dairy products. The cash will…
