TurtleTree Labs raises $6.2m to support cell-cultured milk platform
TurtleTree Labs, a biotech company building a platform to produce milk using cell-based technology, has closed an oversubscribed $6.2m pre-A funding round from new and existing global investors including Green Monday Ventures, Eat Beyond Global, KBW Ventures, and Verso Capital.
The startup - which has offices in Singapore and San Francisco - will use the funds to accelerate research and production of functional, bioactive proteins and complex sugars found in human breastmilk.
HRH Prince Khaled bin Alwaleed bin Talal Al Saud (an investor in
TurtleTree Labs via KBW Ventures), will join as an advisor to TurtleTree, which was founded in January 2019 and emerged from stealth mode at the end of 2019.