Animal-free dairy company New Culture Foods closed a $25 million Series A investment round, which the company said will help it make key hires and scale up production for a planned 2022 launch.

Source : https://www.fooddive.com/news/new-culture-raises-25m-to-launch-animal-free-cheese-in-2022/610490/

fooddive.com

New Culture raises $25M to launch animal-free cheese in 2022

The funding round — which includes venture arms of Kraft Heinz, ADM and Dr. Oetker — will help the company scale and grow as it plans to commercialize its cow-free mozzarella.