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CULT Food Science Corp C.CULT

Alternate Symbol(s):  CULTF

CULT Food Science Corp. operates an investment platform, which is focused on the development and commercialization of cellular agricultural technologies and products. It is advancing the development of technologies to provide sustainable, environmental, and ethical solutions to the global factory farming and aquaculture crises. Its products include Noochies!, Zero Coffee and Free Candy. Noochies! is a pet food, which includes cultured protein formulations for dogs and cats that are designed to provide a balance of taste, health, and sustainability. Its Zero Coffee is a coffee beverage made with cell-based coffee. Free Candy is a performance gummy made with cell-based collagen. Its investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities, financing in exchange for pre-determined royalties or distributions and the acquisition of all or part of one or more businesses, portfolios or other assets.


CSE:CULT - Post by User

Post by waves1on Feb 24, 2022 3:43pm
102 Views
Post# 34459345

$CULT's newest investment De Novo

$CULT's newest investment De NovoYesterday, CULT Food Science ($CULT.c) announced that it completed an early-stage investment in De Novo Dairy!

De Novo is the first precision fermentation company in Africa that is focused on alternative protein products such as ice cream, yogurt, and cheese. They produce recombinant milk proteins through fermentation that can be seamlessly integrated into animal-free dairy products at a commercial scale.

As 57% of all food-related emissions result from meat and dairy production, De Novo provides a sustainable solution to the global greenhouse gas problem without sacrificing the nutritional benefits.

Other notable cellular agriculture capital allocators have invested in De Novo such as Sustainable Food Ventures, to help accelerate De Novo's commercialization and IP pursuits as well as to bring their wide range of animal-free dairy products to the market.

https://www.newswire.ca/news-releases/cult-food-science-completes-seed-investment-into-precision-fermentation-dairy-company-de-novo-dairy-837390587.html
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