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Remilk Raises $120M IN Series B Funding

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Tel avivGil oferAviv wolffParadigm shift fundFresh fundHanaco venturesPrecision capitalRage capitalAliya capitalChartered groupIndorama venturesTal venturesIzaki venturesParadigm shiftOri cohavi

Remilk, a Provider of Cow Free Milk, Raises $120 Million Series B, Including Participation from OurCrowd

Remilk, a Provider of Cow Free Milk, Raises $120 Million Series B, Including Participation from OurCrowd
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Gil oferAviv wolffParadigm shift fundFresh fundHanaco venturesPrecision capitalRage capitalAliya capitalChartered groupIndorama venturesTal venturesIzaki venturesParadigm shiftTel aviv basedOri cohavi

Israeli food tech startup Remilk raises $120m investment for cow-free milk

Funding round in maker of animal-free dairy products led by Hanaco Ventures, a VC firm based in NY and Tel Aviv

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No-cow dairy startup Remilk raises $11 3 million from investors

A mozarella cheese ball made with Remilk s milk proteins (Courtesy) Remilk, an Israel-based startup that makes milk products without the use of cows has raised $11.3 million in funding from investors including food makers Tnuva, Tempo and Germany’s dairy manufacturer Hochland. Using a microbial fermentation process, the startup creates milk proteins that it then turns into a dried powder that can be used as the basis of a wide variety of milk-based products. The capital raised will enable Remilk plans to “rapidly expand its production and distribution capabilities, and meet global demand” for its animal-free dairy products, the company said in a statement last week.

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