Archives for November 22, 2021

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New Culture raises $25m as 'animal-free dairy' space heats up

New Culture raises $25m as 'animal-free dairy' space heats up

By Elaine Watson

New Culture – one of a cluster of startups in the emerging ‘animal-free’ dairy space genetically engineering microbes to produce dairy milk proteins, without cows – has raised $25m in an oversubscribed series A round led by Ahren Innovation Capital and...

Eat Beyond to acquire non-dairy milk brand Banana Wave

Eat Beyond to acquire non-dairy milk brand Banana Wave

By Mary Ellen Shoup

Eat Beyond has entered an agreement to acquire all of the outstanding share capital of Mylk Brands Inc., and in the process will acquire non-dairy milk brand Banana Wave, produced by Mylk's wholly-owned subsidiary Fresh Start Beverage Company.