Imagindairy is currently collaborating with leading dairy companies, offering a complete range of dairy-free proteins
FoodTech company Imagindairy has announced the completion of a $13 million seed round. The funding was led by MoreVC, a leading seed-stage investor in Israel managing $275 million across three funds. Also joining this round: Strauss Group, Entrée Capital, S2G Ventures; Collaborative Fund, New Climate Ventures, Green Circle Foodtech Ventures; Emerald Technology Ventures and Pierre Besnainou. This round includes a pre-seed investment by Strauss Group, FoodSparks by PeakBridge, CPT Capital, and Entrée Capital earlier this year.
Imagindairy is milking new technology to leave the cow out of the dairy equation. With natural precision fermentation, the company creates true milk proteins that are indistinguishable from the real thing. Imagindairy’s proprietary technology, based on systems and synthetic biology platform, allows manufacturers to offer cow-free, sustainable milk and dairy products with all the nutritional values of dairy milk.
Imagindairy is currently collaborating with leading dairy companies, offering a complete range of dairy-free proteins. “Imagindairy’s innovative technology allows dairy companies to develop new products or reformulate existing products, without involving animals and with a dramatic reduction in carbon-footprint,” says Glen Schwaber, MoreVC partner.
