Standing Ovation Secures $34.2M to Bring Fermentation-Derived Casein to US Market
Paris-based Standing Ovation has closed a $34.2 million Series B round as it prepares to bring its precision fermentation-produced casein to commercial scale, with North America as its first target market. The round comprises $28.5 million in equity, co-led by Bpifrance’s Ecotechnologies 2 fund under the French government’s France 2030 initiative, and Crédit Mutuel Innovation, with participation from returning and new investors including Danone Ventures. A further $5.7 million in …
Standing Ovation and Bel Group Achieve Milestone with Industrial-Scale Production of Caseins from Whey
A recent collaboration between French biotech company Standing Ovation and Bel Group has led to the successful industrial-scale production of caseins derived from dairy serums. This process, which utilizes precision fermentation, is a significant development for the dairy industry, demonstrating the feasibility of a more sustainable and circular approach to dairy production. A circular approach to dairy Standing Ovation’s patented technology transforms acid whey—a by-product of cheese production—into high-quality caseins, …