{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICA4K6txIUJDA","lastupdate":"2022-06-08T00:00:00.000Z","update_date":"2022-06-08T00:00:00.000Z","lastModified":"Feb 1, 2026","active":1,"confidence_score":100,"confidence_score_reason":"video or image, markets","urlname":"remilk","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$e9AhDxKcUaXOOhPPsc1vO5lMVfJMMYREGGA7nQnJGTJs98oubrCXYn","name":"Remilk","oneliner":"Animal-free Dairy Products","registrar":"516168135","website":"https://www.remilk.com/","careerspage":"https://www.remilk.com/careers","founded_month":1,"founded_year":2019,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/Remilk_Foods","youtube":"","facebook":"https://www.facebook.com/remilkfoods","linkedin":"https://www.linkedin.com/company/42351653","instagram":"https://www.instagram.com/remilk_foods"},"social":["https://www.facebook.com/remilkfoods","https://www.linkedin.com/company/42351653","https://twitter.com/Remilk_Foods","https://www.instagram.com/remilk_foods"],"flattenedsociallinks":"https://www.facebook.com/remilkfoods|https://www.linkedin.com/company/42351653|https://twitter.com/Remilk_Foods|https://www.instagram.com/remilk_foods","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"51-200","employees_exact":82,"patent":0,"raised":131923400,"stage":"B","public_stage":"B","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Jvz2KAJDA","primary_sector":"Agriculture & Food Technologies","alternativenames":["Remilk","Re-milk"],"about":"Remilk develops real dairy products with no animals involved. The company's goal is to reshape dairy products without compromising on flavor. Remilk is using a microbial fermentation process to reproduce milk proteins to craft real dairy with the same flavor, texture, and nutritional values.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"","country":null,"address":{"israeli":[{"id":"2d4e023b-982c-46a0-91e8-4629d9f2216b","city":"Ness Ziona","type":null,"address":"Pinhas Sapir Street 3, Ness Ziona, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":null},"headquarter_address":null,"district":"Center District","news":[{"id":"02u711ehbEckzItJKtZW9rwuyetw68qUBclT9Xkx3ypMi8PBsAbzQL","date":"Oct 20, 2024","link":"https://www.calcalistech.com/ctechnews/article/hkdqnpgxjl","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"management changes","company":"Remilk","layoffs":null,"summary":"Remilk, an Israeli foodtech startup specializing in non-animal milk products, faces significant challenges as four senior board members resign due to disagreements with the companys management. Despite these setbacks, Remilk recently secured an additional $20 million from a new strategic investor, adding to the $150 million previously raised. The companys collaboration with Israeli dairy company Tara is uncertain, casting doubt on the launch of its milk products initially planned for June 2023. Remilks innovative fermentation technology aims to produce animal-free dairy proteins, but the company struggles with scaling production and maintaining partnerships. The resignations and partnership uncertainties highlight potential obstacles in Remilks path to market success.","partners":"Tara","customers":null,"investors":"new strategic investor","confidence":9,"key_topics":["board resignations","fundraising","partnership doubts","product launch","fermentation technology"],"date_of_event":"October 2023","valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":"20 million","structured_issues":["Management Changes","Investment","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes  #Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"NoQkfYSguBrALolEXCnO1I9iXFj4864vaxzV9LStBOrXYeqaFCX2tG","news_summary":"Remilk in turmoil as directors resign over leadership disputes and unmet goals   | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"Mjr6rIt78cKbfA33QJBIjpr7ncutPzeVbN5ImhVcVLqJtLADixFWhx","date":"Oct 20, 2024","link":"https://www.calcalist.co.il/calcalistech/article/sykxdszgkl","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"management changes","company":"רימילק","layoffs":null,"summary":"The Israeli food-tech startup רימילק is facing a crisis as its chairman, תומר הרפז, and three other directors resigned due to a lack of confidence in the companys management and direction. Despite receiving approval from the Ministry of Health, רימילקs fermentation-based milk product has not been launched. The partnership with תרה, announced two years ago, is now uncertain. The company recently raised $20 million from a new strategic investor, adding to the $150 million previously raised. רימילקs plans to build a factory in Denmark have not materialized, and the company will produce its proteins through a third party. The resignations highlight internal disagreements and challenges in achieving the companys goals.","partners":"טרה","customers":null,"investors":"משקיע אסטרטגי חדש","confidence":9,"key_topics":["management","partnership","investment","product launch","technology"],"date_of_event":"April 2023","valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":"20 million dollars","structured_issues":["Management Changes","Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes  #Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"2ap02WWlcUVjuIYf0uU06SnHxSMOllW0tvLMMMZ0VBkhsnTV4a6yFp","news_summary":"משבר ברימילק: היו\"ר ושלושה דירקטורים התפטרו במפתיע, השת\"פ עם טרה בסימן שאלה | כלכליסט","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1UAOrpDVbRfIRd6vRM3JUbft91K2XIk6D8bL0pxBnrI9ZhoVbdmaJf","date":"Feb 6, 2024","link":"https://www.timesofisrael.com/israels-remilk-secures-regulatory-nod-for-sale-of-cow-free-dairy-in-canada/","source":"www.timesofisrael.com","visible":1,"analysis":null,"sentiment":null,"analysisId":"HspzPjWoGlI7133SxCnZjMSOflevSixnSycDXutoH5xLs0OymTB1Tt","news_summary":"Israel’s Remilk secures regulatory nod for sale of cow-free dairy in Canada.","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"none"},{"id":"IYL929JNB7494lkxqOtjb7uGMXTLDrxBhXygZuzakJwz7q4QTUa4Ov","date":"Jun 22, 2023","link":"https://www.greenqueen.com.hk/remilk-new-board-members/","source":"www.greenqueen.com.hk","visible":1,"analysis":{"tags":"precision fermentation, dairy, Board of Directors","company":"Remilk","layoffs":null,"summary":"Remilk, a leading producer of precision fermentation dairy, has appointed three food industry executives to its Board of Directors. The executives bring insights and industry wisdom to the company, which is focused on crafting animal-free milk proteins through precision fermentation. Remilk aims to revolutionize the dairy industry by producing milk proteins identical to dairy using a unique fermentation process. The company has raised over $130 million and recently became the first precision fermentation dairy approved for sale in Israel. The addition of the new board members strengthens Remilks ability to become a driving force within the dairy industry.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["precision fermentation","dairy","Board of Directors","food industry executives","animal-free milk proteins"],"date_of_event":"Jun 22, 2023","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"W9l0tPBJoaexnLlo0HrZxsIak9V5mc0eLkKRKgljgTIsi2zE9M603x","news_summary":"Remilk Adds 3 Board Members from Danone, PepsiCo, and Nestlé to Further Its 'Transformative Vision'","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ahvZW43p7ow50cHpgBUHF7RVs6kP7lL8Lssb25TkFE0y0tO3IeTrhB","date":"May 26, 2023","link":"https://www.calcalistech.com/ctechnews/article/95uc583lr","source":"www.calcalistech.com","visible":1,"analysis":{"tags":["dairy industry","alternative protein","foodtech","environmental impact"],"company":"Remilk","summary":"Remilk, a startup in Israel, has received regulatory approval to market its animal-free dairy products. The company uses fermentation to produce cows milk proteins without the use of animals. Remilk will partner with Tara, a leading dairy product manufacturer in Israel, to release its initial products. The protein powder will be sold to manufacturers in Israel and globally. Remilk aims to provide a wide variety of dairy products without lactose, cholesterol, growth hormones, and antibiotics. The company believes that its technology can significantly reduce greenhouse gas emissions and offer a more financially sustainable solution for the struggling dairy industry. Remilk has raised approximately $150 million in funding from investors such as Precision Capital, Hanaco Ventures, OurCrowd, Tnuva, and the Central Beverage Company.","partners":["Tara"],"investors":["Precision Capital","Hanaco Ventures","OurCrowd","Tnuva","Central Beverage Company"],"confidence":9,"key_topics":["dairy industry","alternative protein","environmental impact","partnerships","market growth"],"date_of_event":"April 2022","impact_on_company":"growth-positive","structured_issues":["Partners"],"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"fLMwmUrb8k3VdelyBdWJBuGjqnRfCHks76uhrnpY9WYejwdGQLbFZJ","news_summary":"Got milk? Remilk founder: \"In this climate crisis, the dairy industry has no right to exist\" | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"stEL3VvXv0EFqr05jmP2dEbkGxd8ayOeSkuef3ljJXHMUkOJAPrGtM","date":"Apr 30, 2023","link":"https://nocamels.com/2023/04/israel-approves-first-sales-of-cow-free-dairy-milk/","source":"nocamels.com","visible":1,"analysis":{"tags":"alternative protein","company":"Remilk","layoffs":null,"summary":"Israel has granted a permit to Remilk, a startup that produces real milk proteins from yeast, to sell its non-animal dairy products in the country. The permit is seen as a breakthrough and milestone for Israels technological leadership. Remilk uses a yeast-based fermentation process to create milk proteins that can be used to make various dairy products. The products are free of lactose, cholesterol, hormones, and antibiotics. The introduction of animal-free dairy products is expected to strengthen Israels economy, enhance food security, address climate change, and improve animal welfare. Remilk has raised over $130 million since its founding in 2019 and is already producing its protein at an industrial scale.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["cow-free dairy products","Remilk","yeast-based fermentation","food-tech research and development","greenhouse gas emissions"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"F8dcGFHUTJh9hsNGMPIqamg9WYOXeyfvrMNT5hpAlmnkGCLK6SWAnZ","news_summary":"Israel Approves First Sales Of Cow-Free Dairy Milk","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"me6g4OI2fZwyFOGQjECjqKQfepHTDK4iLEg52KxVtR6jQYJHlPfZKS","date":"Apr 19, 2023","link":"https://www.tech12.co.il/index-startups/Article-104c27776289781027.htm?partnerlobby","source":"www.tech12.co.il","visible":1,"analysis":{"tags":"alternative milk","company":"Remilk","layoffs":null,"summary":"Israeli company Remilk has received approval to market its alternative milk protein in Israel. The company, which recently received FDA approval in the US and sales approval in Singapore, produces milk protein through fermentation of yeast. Remilk is a supplier of ingredients to food companies and has an agreement with Tera in Israel. The approval process in Israel is ongoing, and it is estimated that it will take a few months for the first Remilk-based product to reach the shelves. Prime Minister Netanyahu has shown interest in alternative protein and is expected to announce the marketing approval during his visit to Remilks offices.","partners":["Tera"],"customers":null,"investors":null,"confidence":8,"key_topics":["alternative milk","Remilk","food innovation","regulatory approval","Prime Minister Netanyahu"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"tyZRyz09WIt26Q2tNglCKQU33iGbXNmjFHqMSl61peYD0KotgcZFqz","news_summary":"לראשונה בישראל: חלב מתורבת יגיע למקררים","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"WheKIHJ7IBc1cJDsh2vtyzXfpMu4gpUtaaDhQ6cpkHFsbBgiXZHI0s","date":"Jan 16, 2023","link":"https://www.calcalist.co.il/shopping/article/bk11xvsbjo","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"Partnership, Expansion","company":"רימילק (Remilk)","layoffs":"N/A","summary":"Israeli foodtech startup Remilk has begun marketing its vegan cream cheese in the US in partnership with American food giant General Mills. The product, which is based on Remilks milk protein, is identical to those produced by cows but without the use of animals or animal ingredients. The company has raised $130 million since its establishment in 2019 and its last funding round in January 2022 valued it at $325 million. Remilk aims to replace traditional dairy products with its own, which require significantly less land, pollution, and water to produce.","partners":"General Mills, Tnuva","customers":"General Mills","investors":"N/A","confidence":9,"key_topics":"Vegan Cheese, Market Expansion, Partnership","date_of_event":"N/A","valuation_amount":"$325 million","impact_on_company":"growth-positive","investment_amount":"$130 million","structured_issues":"Partners, Expand","acquisition_amount":"N/A","structuredIssuesShow":"#Partners, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Hdt3Ilcnnj9dFthwL9JIWLaw0qPIRYedv0prOUZZyYCX4c5f5tMLUm","news_summary":"ג'נרל מילס תייצר גבינה טבעונית של רימילק | כלכליסט","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"EAhkI4NHNyeKKTs0NuqgNpvahLpZ3ku2ZzYl7Gk7qO1gLuBTRoPXrE","date":"Jan 16, 2023","link":"https://www.calcalist.co.il/ctechnews/article/z4hb83ktr","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"vegan cream cheese, foodtech startup","company":"Remilk","layoffs":null,"summary":"Israeli foodtech startup Remilk has partnered with American food giant General Mills to market a vegan cream cheese made with Remilks protein. Remilk produces milk protein proteins with an innovative fermentation technology, fully imitating cows proteins without the use of animals. The company has raised about $130 million in funding and was valued at $325 million in its last fundraising round. The vegan cream cheese, which has the same taste, texture, and cost as traditional dairy cream cheese, is the first product to be launched commercially by Remilk. General Mills is also exploring the production of additional products with Remilks protein.","partners":"General Mills","customers":null,"investors":null,"confidence":8,"key_topics":["Remilk","vegan cream cheese","General Mills","protein","dairy industry"],"date_of_event":null,"valuation_amount":"$325 million","impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"MQMD7iGBeZDEnwcFWH1lGrROBdwiImMGElkvFhu4F5wJOegtaL4NCL","news_summary":"General Mills using Remilk's tech to produce animal-free cheese | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"fWepGnnKOG8C0X00Jm5burtXqhVEe96xbA03ESkWL8BjeuQnti65eO","date":"Dec 12, 2022","link":"https://en.globes.co.il/en/article-globes-readers-choose-remilk-as-favorite-2022-startup-1001432508","source":"en.globes.co.il","visible":1,"analysis":{"tags":"alternative milk","company":"Remilk","layoffs":null,"summary":"Israeli startup Remilk, which has developed milk proteins as an alternative to milk from cows, has been voted as the favorite startup in the Globes Most Promising Startups of 2022 ranking. Remilks milk proteins are identical to animal dairy proteins and are free of DNA, cholesterol, hormones, and antibiotics. The companys valuation has increased from $30 million in 2020 to $455 million in 2022. Remilk has raised $150 million to date from investors including Hanaco Ventures, Tal Ventures, Fresh Fund, and Precision Capital. The company has also obtained regulatory status from the US FDA and signed agreements with US food giants and Israeli dairy Tara. Remilks competitors in the alternative milk market include Perfect Day, New Culture, and Formo.","partners":null,"customers":["Tara"],"investors":["Hanaco Ventures","Tal Ventures","Fresh Fund","Precision Capital"],"confidence":9,"key_topics":["Remilk","alternative milk","startups","valuation","investors"],"date_of_event":"December 12, 2022","valuation_amount":"$455 million","impact_on_company":"growth-positive","investment_amount":"$120 million","structured_issues":["Customers","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"xt4nwbAL9ICimdD5PvkspSTbkvISQC2iYc0BgTngU3Rw1yHm4pOkrh","news_summary":"Globes readers choose Remilk as favorite 2022 startup","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ZihmwzPrZRDKHYr99n9OVaKYhuA50IQFhy8lkvY14Ouw477wcV5Asd","date":"Aug 23, 2022","link":"https://www.prnewswire.com/news-releases/remilk-names-tomer-harpaz-chairman-of-its-board-of-directors-301610448.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"appointment","company":"Remilk","layoffs":null,"summary":"Remilk, an innovative food startup in the dairy industry, has appointed Tomer Harpaz as Chairman of the Board of Directors. Harpaz brings extensive experience as an entrepreneur and executive in the food industry. His appointment is expected to accelerate Remilks journey in reimagining the global dairy category. Harpaz shares Remilks vision for the future and believes in adopting disruptive technologies to drive sustainable change in the food systems. Remilk has achieved significant milestones, including raising over $120M in its second investment round, building a state-of-the-art precision-fermentation facility in Denmark, and collaborating with the Central Bottling Company for mass market products. Remilk produces animal-free milk proteins through a yeast-based precision fermentation process, offering dairy products that are indistinguishable in taste and function from traditional dairy but free of lactose, cholesterol, and growth hormones.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["Tomer Harpaz","Chairman of the Board","Remilk","dairy industry","global food systems"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$120M","structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"pvb9rUlIscEAfph2FbptBxa4b0IvmzBuRtriWRfc2jfd5fSWWAfQOW","news_summary":"Remilk Names Tomer Harpaz Chairman of Its Board of Directors","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"cc598c98-ffc3-4407-b74e-4cd51a48270c","date":"Jun 8, 2022","link":"https://en.globes.co.il/en/article-israeli-cultivated-dairy-co-remilk-wins-fda-approval-1001414484","source":"en.globes.co.il","visible":1,"analysis":{"tags":"FDA approval","company":"Remilk","layoffs":null,"summary":"Israeli cultivated dairy company Remilk has received self-affirmed GRAS approval from the US FDA, allowing it to market its animal-free dairy-identical milk proteins in the US. Remilk is the first Israeli company in the dairy alternatives sector to obtain FDA approval. The company plans to begin marketing its proteins to the food industry in the coming quarters. However, it still needs to undergo a longer process to receive regulatory marketing approval in Europe and Israel. Remilk has raised over $130 million to date. The approval signifies that Remilks proteins are considered safe for consumption in food and beverages, making them suitable for use in non-animal varieties of popular consumer products. Remilk is working with regulators globally to offer its products in other countries.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Remilk","FDA approval","dairy alternatives","precision fermentation","GRAS approval"],"date_of_event":"June 8, 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"JvRdZpHvbH3BiHHjuR0NeHdKRGyXKkTdt4oFfYfJ6Sg8VK6vZX1cWK","news_summary":"Israeli cultivated dairy co Remilk wins FDA approval","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"997179a5-47ef-49d8-b678-b983cc04bbf0","date":"May 8, 2022","link":"https://www.israel21c.org/remilk-to-open-worlds-largest-cow-free-dairy-in-denmark/","source":"www.israel21c.org","visible":1,"analysis":{"tags":"alternative dairy","company":"Remilk","layoffs":null,"summary":"Israeli alternative dairy pioneer Remilk is building the world’s largest precision fermentation facility to produce milk proteins without cows. The facility will be located in Kalundborg, Denmark and is part of the Kalundborg Symbiosis project. Remilk uses yeast from the brewing and baking industry to ferment chemically identical milk proteins, allowing manufacturers to create milk, cheese, and yogurt without cholesterol, lactose, hormones, or antibiotics. The company raised $120 million in January 2022.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["precision fermentation","animal-free dairy","Kalundborg Symbiosis project","chemically identical milk proteins","environmentally friendly dairy"],"date_of_event":"end of the year","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$120 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"zgJ8pa1tVyn5zXztrRC0ITV6XAo0G20YExDb90pigtKeduf9pSLbX7","news_summary":"Remilk to open world's largest cow-free dairy in Denmark","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"UXc057kXisuAUO17FdE84MQoEhznt2uURHQleaUTUbnvsGgCg0QodS","date":"Jan 19, 2022","link":"https://pulse2.com/remilk-closes-120-million-in-series-b-funding/?utm_source=dlvr.it&utm_medium=twitter","source":"pulse2.com","visible":1,"analysis":{"tags":"investment","company":"Remilk","layoffs":null,"summary":"Remilk, a food startup focused on reimagining the dairy industry, has raised $120 million in Series B funding led by Hanaco Ventures. This funding positions Remilk as a leader in the cultivated dairy category, allowing it to scale production of its animal-free milk proteins. Remilks innovative yeast-based fermentation process produces milk proteins that are indistinguishable from cow milk proteins but are free of lactose, cholesterol, and growth hormones. The process is also environmentally friendly, using significantly less land, water, and emitting fewer greenhouse gases compared to traditional dairy production. The funding will accelerate Remilks manufacturing capabilities and enable commercialization at scale, with products expected in the market later this year.","partners":null,"customers":null,"investors":["Hanaco Ventures","Precision Capital","Rage Capital","CPT Capital","Intercap","OurCrowd","Aliya Capital","Chartered Group","Indorama Ventures","Tal Ventures","Fresh Fund","Idan and Gil Ofer","Izaki Ventures","Paradigm Shift Fund"],"confidence":9,"key_topics":["dairy industry","sustainability","fermentation process","alternative protein","funding"],"date_of_event":"Not explicitly mentioned","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$120 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"36BOFoH4fOmFgWrLIVfWkQG9PQOAIz5bNgx0bdvJpyFGWEjzVdZiEZ","news_summary":"Food Startup Company Remilk Closes $120 Million In Series B Funding","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"cf00e21e-d347-47d6-b598-789dffaed535","date":"Jan 4, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3926451,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"funding, valuation, dairy products","company":"Remilk","layoffs":null,"summary":"Israeli animal-free dairy startup Remilk has raised $120 million in a Series B funding round, resulting in a valuation of $325 million, which is ten times its valuation from one year ago. 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