CSE:CULT - Post Discussion
Post by
waves1 on Feb 24, 2022 3:43pm
$CULT's newest investment De Novo
Yesterday, CULT Food Science ($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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