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 …
Parima Becomes First Cultivated Meat Company to Secure Regulatory Approval for Two Species
France-based cultivated protein company Parima has received authorization from the Singapore Food Agency (SFA) for its cultivated duck, becoming the first cultivated meat company to hold regulatory approval for two animal species. The clearance follows the company’s cultivated chicken approval in Singapore in October 2025, which was originally submitted by Vital Meat prior to its merger with Gourmey to form Parima. Both products are produced from avian cells grown in …
Verley Secures $38 Million Series A to Commercialize Precision-Fermented Dairy Proteins
French precision fermentation company Verley has secured an oversubscribed $38 million Series A financing round, four years after its inception. The round brings together top European players: new investors, including Alven leading the round, Blast and the French Tech Seed fund managed on behalf of the French government by Bpifrance as part of France 2030, and historical investors Sofinnova, Sparkfood, Captech and Founders Future. With additional non-dilutive support from Bpifrance, …
Pow.Bio, Bühler, and ATV Technologies Scale Up Continuous Biomanufacturing Platform to 3,000 Liters
Continuous biomanufacturing company Pow.Bio has announced the scale-up of its platform to 3,000 liters. The milestone was achieved in partnership with industrial solutions provider Bühler Group and industrialization accelerator ATV Technologies. The scale-up took place at ATV’s facility in Compiègne, France, and successfully produced three times more high-quality dairy protein than its equivalent fed batch process. The project demonstrates that continuous fermentation has the potential to be seamlessly integrated at …
France’s Nutropy Raises €7M for Industrialization of Animal-Free Dairy Proteins
Nutropy, a French food tech company producing dairy proteins such as casein through precision fermentation, has raised €7 million in an oversubscribed funding round. The round was led by the Greek fund Big Pi Ventures and the UK fund Zero Carbon Capital, with participation from Beta Lab, Wyngate Inc., Desai Ventures, PVS Investments, and Novax (the growth investment arm of Axel Johnson). Nutropy has also received public financial support through …
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, …
PARIMA: New Cultivated Food Giant Created from Gourmey-Vital Meat Acquisition
Gourmey, a French company specializing in cultivated food technology, has completed the acquisition of Vital Meat, forming a new entity named PARIMA. The newly formed company will focus on the production of next-generation animal products through scalable, cell-based cultivation techniques. This merger brings together two leaders in the cultivated protein sector, combining expertise in cell cultivation and industrial production. PARIMA’s portfolio includes a range of animal species, with current offerings …
Verley’s Precision-Fermented Dairy Proteins Cleared by FDA for US Market
Verley, a French biotechnology company, has received a “No Questions Letter” from the US Food and Drug Administration (FDA) for two of its dairy proteins made using precision fermentation. This letter confirms that the FDA has reviewed the company’s safety data and has no further questions about the safety of the ingredients for use in food products. The approval positions Verley to introduce its proteins to the US market in …
Gourmey Partners With DeepLife to Optimize Cultivated Meat Production Using “Avian Digital Twin” Model
French cultivated meat producer Gourmey has partnered with DeepLife, a specialist in AI-driven cellular digital twin technology, to optimize cultivated meat production at scale. As documented in a new paper, the companies have developed what is claimed to be the world’s first “avian digital twin”, a virtual replica of poultry cells engineered to optimize growth conditions, nutrient density, and flavor expression in cultivated meat. The collaboration combines DeepLife’s biology simulation …
Economically Viable Cultivated Meat Production Is Within Reach for Gourmey, Says Independent Assessment
French cultivated food company Gourmey claims it has become the first in the category to receive an independent validation confirming that its production model is scalable and economically viable. A techno-economic assessment from Arthur D. Little concluded that Gourmey’s 5,000-liter bioreactor system can achieve the production of cultivated meat at $3.43 per pound (€7 per kilogram), meaning that the company is on the path to price parity without the need …