Perfect Day Foods raised $34.8 million in a series B round. Investors include Archer Daniels Midland, Horizons Ventures, and Temasek Holdings. http://cellbased.link/perfect-day-626b8
Other cell tech investments by these venture capital firms include:
– ADM (NYSE: ADM): Participated in $18.2 million financing of Geltor
– Temasek Holdings: Participated in $387.5 million financing of Impossible Foods.
How is Perfect Day Milk Made?
Production begins with a DNA sequence that is inserted into yeast and creates fermentation, subsequently yielding new cells. The new cells are genetically identical to the DNA of the starting material. Read more about this process here.
