Standing Ovation Raises €3.75M for Fermented Casein, Eyes 2025 USA Launch with New CEO
French biotech Standing Ovation, which specializes in precision-fermented casein for animal-free dairy, announces it has raised €3.75 million in Series A+ funding. The funds will accelerate the company’s growth and the distribution and sales of its flagship protein ingredient — Advanced Casein — in the USA in 2025. This new capital adds to the €12 million secured in the original round, led by Astanor Ventures in 2022. Peakbridge, Seventure, Good Startup, …
Les Nouveaux Affineurs Presents La Bûche, a Gourmet Goat’s Cheese Likely to Ruffle Feathers in France
Paris-based Les Nouveaux Affineurs this week presents its new creation, La Bûche (“the log”), a veganized goat’s cheese created with fermented cashews. Founded in 2017 by Nour Akbaraly, and receiving a €2M cash injection in 2020, Les Nouveaux Affineurs says that it “imagines, creates, and produces natural, vegan & vegetable alternatives to cheese”. Its popular products are indistinguishable from their traditional counterparts, and during a blind-testing amongst the public, Parisians …