Tech Company Financing Transactions
Cultivated Biosciences Funding Round
Cultivated Biosciences, operating out of Zurich, raised $1.5 million in investment from Wingman Ventures, Big Idea Ventures and Blue Horizon Corporation.
Transaction Overview
Company Name
Announced On
9/6/2022
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Proceeds Purpose
We will be used to optimize its production process, carry out additional R&D, and enter product development trials with its first customers next year, and it plans to launch its first products shortly after.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Wädenswil ZH
Zurich, Undisclosed
CH
Zurich, Undisclosed
CH
Phone
Undisclosed
Website
Email Address
Overview
Developer of yeast-based ingredients designed to make plant-based dairy products creamier. The company develops a fat ingredient from oleaginous yeast that offers the creaminess needed for plant-based dairy and has a clean label and sustainable production process with the same texture and color as dairy products, low lipid oxidation, and natural emulsification properties, enabling consumers to get healthy alternatives of dairy products.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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