Remilk, a Tel Aviv, Israel-based startup producing identical dairy products through microbial fermentation, completed an $11.3m funding round.
The round was led by fresh.fund with participation from OurCrowd, CPT Capital, ProVeg and food manufacturers Hochland, Tnuva and Tempo, as well as Bradley Bloom, Sake Bosch, Amiad Solomon, Beni Nofech and others.
The company intends to use the funds to expand its production and distribution capabilities for its animal-free dairy products.
Led by Aviv Wolff, Co-Founder & CEO, Remilk leverages proprietary technology that delivers an animal-free dairy product essential for developing dairy derivatives like cheese, yogurt and cream, without cows. The products are cholesterol-free and contain no lactose, antibiotics or growth hormones.
The company’s commercial manufacturing and distribution partners use its functional animal-free dairy as a starting material for large-scale dairy production.