New Culture Closes $3.5m Seed Funding

new cultureNew Culture, a San Francisco, CA-based startup making animal-free dairy cheese, closed $3.5m seed funding round.

The round was led by Evolv Ventures with participation from Bee Partners, Mayfield, CPT Capital, Boost VC and SOSV.

The company intends to use the funds to set up an R&D and fermentation facility while growing its team.

Founded in late 2018 and led by Matt Gibson, CEO, and Inja Radman, CSO, New Culture uses fermentation instead of animals to make dairy proteins with the addition of plant-based fats, sugars and the traditional making process.

FinSMEs

11/09/2019

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