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Better Dairy picks up £1.6M seed funding to produce animal-free dairy

Better Dairy picks up £1.6M seed funding to produce animal-free dairy

Better Dairy, a U.Ok. startup growing animal-free dairy that was based out of Entrepreneur First (EF), has picked up £1.6 million in seed funding. The London-based firm is at present within the R&D levels of growing merchandise which can be “molecularly an identical” to conventional dairy with out utilizing animals as a part of the manufacturing course of.

This seed spherical was led by Happiness Capital, alongside various different traders within the house. They embrace CPT Capital, Stray Dog Capital and Veg Capital, along with numerous unnamed angel traders. Better Dairy says it is going to use the funds to speed up its R&D efforts with the goal of commercialising its first merchandise by early 2022.

Founded in 2019 by Jevan Nagarajah (CEO) and Dr. Christopher Reynolds (CTO), each alumni of Imperial College London however who paired up throughout EF’s firm builder program, Better Dairy is utilizing developments in expertise to deal with the massively unsustainable dairy market. Nagarajah has loads of tech firm expertise, together with stints at Rocket Internet, SumUp, and Ritua, in addition to founding early ‘darkish kitchen’ startup ShareDining. Meanwhile, Reynolds holds a PhD and various post-doctorates throughout bioinformatics and artificial biology, and has a level in pure sciences spanning chemistry and biochemistry.

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Nagarajah says animal-based dairy farming is “massively unsustainable,” noting that it emits the equal of over 1.7 billion tonnes of CO2 into the ambiance annually and it takes 650 litres of water to provide simply 1 litre of milk. “Dairy merchandise themselves comprise a number of undesirable pollution reminiscent of development hormones and antibiotics by advantage of the method of milking mothering cows and are thus not probably the most appropriate for human consumption,” he provides.

However, though plant primarily based options are gaining recognition, Nagarajah argues that they don’t seem to be an entire answer, usually missing in flavour, texture and dietary profile. And whereas they may be capable to seize market share, he doesn’t imagine plant primarily based options to dairy shall be profitable in “radically” disrupting the present $700 billion dairy business and provide chain. That’s the place Better Dairy is available in.

“We are as an alternative utilizing yeast fermentation and biology to provide merchandise which can be molecularly an identical to conventional dairy,” he explains. “We comply with a course of similar to beer brewing however the finish end in our case is giant vats of dairy as an alternative of beer. This manufacturing course of, whereas seemingly futuristic, is definitely already getting used to provide a number of enzymes for meals manufacturing, for instance rennet, in addition to to provide quite a few medical merchandise reminiscent of insulin, so we’re simply constructing on this”.

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Better Dairy remains to be early on in its R&D course of, however has already managed to provide its first dairy samples within the lab. The first problem was to govern yeast to provide preliminary dairy proof of ideas. “Following this, we imagine we’ve got recognized a transparent path to get us to commercially viable merchandise,” says Nagarajah. “While a few of our milestones are field ticking workout routines, for instance the scaling up of our manufacturing capabilities, the key challenges we have to overcome revolve across the optimisation of our finish to finish manufacturing course of”.

That’s as a result of, explains the Better Dairy co-founder, dairy is a comparatively low value good. To realistically disrupt the present dairy market, the startup might want to obtain a sure degree of effectivity in any other case it dangers succeeding in producing higher dairy however will nonetheless fail total on account of prohibitively excessive pricing.

“We are initially centered on dairy proteins with the view of extending our vary to fat over time,” says Nagarajah. “The important dairy proteins whey and casein have many structural and dietary advantages and are used as substances throughout hundreds of meals merchandise. They are essential in offering the feel of dairy merchandise like cheese however are additionally used closely in soups and prepared meals, baked items and pastries, candies and sweets and in addition pasta and bread. They even discover their means into merchandise like beef burgers and rooster nuggets to bolster protein content material and add texture.

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“While our intention was initially to allow a wave of higher dairy merchandise, our ambitions have grown to focus on the disruption of the whole dairy provide chain throughout dairy and non-dairy classes. Our imaginative and prescient is to create a world the place people are vegan with out even realising it”.

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