{"id":10363,"date":"2022-06-28T09:04:21","date_gmt":"2022-06-28T08:04:21","guid":{"rendered":"https:\/\/fei-online.com\/?p=10363"},"modified":"2022-06-28T09:04:21","modified_gmt":"2022-06-28T08:04:21","slug":"imagindairy-start-up-raises-28m-for-its-cow-free-dairy-innovation","status":"publish","type":"post","link":"https:\/\/fei-online.com\/imagindairy-start-up-raises-28m-for-its-cow-free-dairy-innovation\/","title":{"rendered":"Imagindairy start-up raises $28m for its cow-free dairy innovation"},"content":{"rendered":"<div id='av_section_1'  class='avia-section main_color avia-section-default avia-no-border-styling  avia-bg-style-scroll  avia-builder-el-0  avia-builder-el-no-sibling   container_wrap fullsize' style=' '  ><div class='container' ><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-10363'><div class='entry-content-wrapper clearfix'>\n<div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-1  el_before_av_three_fifth  avia-builder-el-first  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p style=\"text-align: center\"><div id=\"ads-slider-28\" class=\"custom-slider ads-slider-1162370358 ads-slider\"><ul><li><!--Begin ClixTrac.com Banner Code -->\r\n<a href=\"https:\/\/clixtrac.com\/goto\/?308404\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/clixtrac.com\/banner\/308404.jpg\" alt=\"Free from food\" title=\"Free from food\" border=\"0\" \/><\/a>\r\n<!--End ClixTrac.com Banner Code --><\/li><li><!--Begin ClixTrac.com Banner Code -->\r\n<a href=\"https:\/\/clixtrac.com\/banner\/click.php?banner=302805\" target=\"_blank\" rel=\"noopener\">\r\n<img decoding=\"async\" src=\"https:\/\/clixtrac.com\/banner\/302805.jpg\" alt=\"LUBRIPLATE\" title=\"LUBRIPLATE\" border=\"0\" width=\"120\" height=\"600\" \/><\/a>\r\n<!--End ClixTrac.com Banner Code --><\/li><li><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"ads-1612956554\"><!--Begin ClixTrac.com Banner Code -->\r\n<a href=\"https:\/\/clixtrac.com\/banner\/click.php?banner=297426\" target=\"_blank\" rel=\"noopener\">\r\n<img decoding=\"async\" width=\"100%\" height=\"auto\" src=\"https:\/\/clixtrac.com\/banner\/297426.jpg\" alt=\"Click here for more information!\" title=\"Click here for more information!\" border=\"0\" \/><\/a>\r\n<!--End ClixTrac.com Banner Code --><\/div><\/li><\/ul><\/div><script>( window.advanced_ads_ready || jQuery( document ).ready ).call( null, function() {var $adsslider1162370358 = jQuery( \".ads-slider-1162370358\" );$adsslider1162370358.on( \"unslider.ready\", function() { jQuery( \"div.custom-slider ul li\" ).css( \"display\", \"block\" ); });$adsslider1162370358.unslider({ delay:5000, autoplay:true, nav:false, arrows:false, infinite:true });$adsslider1162370358.on(\"mouseover\", function(){$adsslider1162370358.unslider(\"stop\");}).on(\"mouseout\", function() {$adsslider1162370358.unslider(\"start\");});});<\/script><\/p>\n<\/div><\/section><\/div><div class=\"flex_column av_three_fifth  flex_column_div av-zero-column-padding   avia-builder-el-3  el_after_av_one_fifth  el_before_av_one_fifth  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p style=\"text-align: center\"><\/p>\n<\/div><\/section><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><header class=\"entry-content-header\"><h1 class=\"post-title entry-title\" itemprop=\"headline\">Imagindairy start-up raises $28m for its cow-free dairy innovation<\/h1><span class=\"post-meta-infos\">\/ <span class=\"blog-categories minor-meta\">in <a href=\"https:\/\/fei-online.com\/category\/featured-articles\/\" rel=\"tag\">Featured Articles<\/a> <\/span><\/span><\/header>\n<\/div><\/section><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p><strong>Israel-based FoodTech start-up Imagindairy, Ltd., developer of <\/strong><strong>animal-free milk proteins, has secured an additional US$15 million<\/strong><br \/>\n<strong>in an extended seed funding round in May. The initial round in <\/strong><strong>November 2021 brought in $13 million. This brings the total <\/strong><strong>investment capital to $28 million, making it one of the highestearning <\/strong><strong>seed rounds in the alternative protein space.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>Imagindairy is reinvigorating the dairy industry by producing sustainable, animal-free dairy milk proteins. Imagindairy uses advanced computational and molecular biology technologies to develop cost-effective processes that overcome considerable barriers in the emerging precision-fermentation industry. The company was co-founded by Eyal Afergan, PhD; Tamir Tuller, PhD; and Arie Abo, PhD, and utilizes 15 years of research in evolutionary genomics for the advancement of high-yield protein expression and production. In its mission to provide consumers sustainable, healthy, guilt-free dairy solutions, the alt-protein innovators found a way to create animal-free milk proteins from microorganisms via proprietary precision-fermentation technology. The technology allows the production of a broad spectrum of dairy analogs, from raw milk to cheese, without involving animals. Imagindairy\u2019s dairy proteins are non-GMO, cholesterol-free, and possess the same flavour, texture\u00a0 functionality, and nutritional value of their cow-based counterparts. Most importantly, they eliminate the burden that livestock imposes on the environment.<\/p>\n<h4><strong>Alt-dairy protein production<\/strong><\/h4>\n<p>Imagindairy\u2019s proprietary platform significantly amplifies protein expression, enabling exceptionally cost-effective production of animal-free milk proteins. This overcomes one of the biggest hurdles in alt-dairy protein production, allowing brands to sell analog dairy products at consumer-friendly prices \u2013 a major requirement for mass-market adoption.<\/p>\n<p>\u201cThis extremely successful seed round reflects a strong vote of confidence in Imagindairy and its vision to lead the animal-free dairy industry,\u201d said Eyal Afergan, co-founder and CEO of Imagindairy. \u201cThis substantial injection of capital will serve to advance our ability to make true dairy alternative products a day-to-day reality.\u201d<\/p>\n<p>The funds raised in this seed round will be used to accelerate the company\u2019s R&amp;D efforts to launch a range of real dairy products without using animals. It will also help attract additional talent to its expanding workforce. Imagindairy is currently in dialogue with major dairy food producers seeking to diversify their product portfolios.<\/p>\n<p>Shmuel Chafets, executive chairman and founder of Target Global, one of the funders, said: \u201cIt is becoming increasingly clear that, given the climate crisis and growing shortage of food, our dietary patterns and habits must change. Animal-free dairy has the potential to become one of the most environmentally impactful industries on the planet. We are strong believers that the Imagindairy team\u2019s vast experience in manufacturing at scale, paired with the cutting-edge technology they have built, will be<br \/>\ntransformational for this space.&#8221;<\/p>\n<\/div><\/section><br \/>\n<div  class='avia-image-container  av-styling-    avia-builder-el-7  el_after_av_textblock  el_before_av_social_share  avia-align-center '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img class='avia_image' src='https:\/\/fei-online.com\/wp-content\/uploads\/sites\/4\/2022\/06\/Imagindairy_1.jpg' alt='' title='Imagindairy_1' height=\"1023\" width=\"1533\"  itemprop=\"thumbnailUrl\"  \/><\/div><\/div><\/div><br \/>\n<div  class='av-social-sharing-box  avia-builder-el-8  el_after_av_image  avia-builder-el-last  av-social-sharing-box-minimal '><div class='av-share-box'><h5 class='av-share-link-description av-no-toc '>Share this<\/h5><ul class='av-share-box-list noLightbox'><li class='av-share-link av-social-link-facebook' ><a target=\"_blank\" aria-label=\"Share on Facebook\" href='https:\/\/www.facebook.com\/sharer.php?u=https:\/\/fei-online.com\/imagindairy-start-up-raises-28m-for-its-cow-free-dairy-innovation\/&#038;t=Imagindairy%20start-up%20raises%20%2428m%20for%20its%20cow-free%20dairy%20innovation' aria-hidden='false' data-av_icon='\ue8f3' data-av_iconfont='entypo-fontello' title='' data-avia-related-tooltip='Share on Facebook' rel=\"noopener\"><span class='avia_hidden_link_text'>Share on Facebook<\/span><\/a><\/li><li class='av-share-link av-social-link-twitter' ><a target=\"_blank\" aria-label=\"Share on Twitter\" href='https:\/\/twitter.com\/share?text=Imagindairy%20start-up%20raises%20%2428m%20for%20its%20cow-free%20dairy%20innovation&#038;url=https:\/\/fei-online.com\/?p=10363' aria-hidden='false' data-av_icon='\ue8f1' data-av_iconfont='entypo-fontello' title='' data-avia-related-tooltip='Share on Twitter' rel=\"noopener\"><span class='avia_hidden_link_text'>Share on Twitter<\/span><\/a><\/li><li class='av-share-link av-social-link-whatsapp' ><a target=\"_blank\" aria-label=\"Share on WhatsApp\" href='https:\/\/api.whatsapp.com\/send?text=https:\/\/fei-online.com\/imagindairy-start-up-raises-28m-for-its-cow-free-dairy-innovation\/' aria-hidden='false' data-av_icon='\uf232' data-av_iconfont='entypo-fontello' title='' data-avia-related-tooltip='Share on WhatsApp' rel=\"noopener\"><span class='avia_hidden_link_text'>Share on WhatsApp<\/span><\/a><\/li><li class='av-share-link av-social-link-linkedin' ><a target=\"_blank\" aria-label=\"Share on LinkedIn\" href='https:\/\/linkedin.com\/shareArticle?mini=true&#038;title=Imagindairy%20start-up%20raises%20%2428m%20for%20its%20cow-free%20dairy%20innovation&#038;url=https:\/\/fei-online.com\/imagindairy-start-up-raises-28m-for-its-cow-free-dairy-innovation\/' aria-hidden='false' data-av_icon='\ue8fc' data-av_iconfont='entypo-fontello' title='' data-avia-related-tooltip='Share on LinkedIn' rel=\"noopener\"><span class='avia_hidden_link_text'>Share on LinkedIn<\/span><\/a><\/li><li class='av-share-link av-social-link-mail' ><a  aria-label=\"Share by Mail\" href='mailto:?subject=Imagindairy%20start-up%20raises%20%2428m%20for%20its%20cow-free%20dairy%20innovation&#038;body=https:\/\/fei-online.com\/imagindairy-start-up-raises-28m-for-its-cow-free-dairy-innovation\/' aria-hidden='false' data-av_icon='\ue805' data-av_iconfont='entypo-fontello' title='' data-avia-related-tooltip='Share by Mail'><span class='avia_hidden_link_text'>Share by Mail<\/span><\/a><\/li><\/ul><\/div><\/div><\/p><\/div><div class=\"flex_column av_one_fifth  flex_column_div av-zero-column-padding   avia-builder-el-9  el_after_av_three_fifth  avia-builder-el-last  \" style='border-radius:0px; 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The initial round in November 2021 brought in $13 million. This brings the total investment capital to $28 million, making it one of the highestearning seed rounds in the alternative protein [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":10364,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[26],"tags":[],"_links":{"self":[{"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/posts\/10363"}],"collection":[{"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/comments?post=10363"}],"version-history":[{"count":2,"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/posts\/10363\/revisions"}],"predecessor-version":[{"id":10479,"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/posts\/10363\/revisions\/10479"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/media\/10364"}],"wp:attachment":[{"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/media?parent=10363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/categories?post=10363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fei-online.com\/wp-json\/wp\/v2\/tags?post=10363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}