{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICA4OXNmYcJDA","lastupdate":"2024-07-07T00:00:00.000Z","update_date":"2024-07-07T00:00:00.000Z","lastModified":"Nov 27, 2024","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"imagindairy","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":"$QRBD1ecA6RkHbQXo3RLplNegoONNhhnFaHWIx0VjoIsDkFdBxTHSSs.png","name":"Imagindairy","oneliner":"Animal-free Dairy Products","registrar":" 516186582","website":"https://imagindairy.com/","careerspage":"https://imagindairy.com/careers","founded_month":4,"founded_year":2020,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/imagindairy","youtube":"https://www.youtube.com/@imagindairy","facebook":"","linkedin":"https://www.linkedin.com/company/68846529","instagram":"https://www.instagram.com/imagindairy"},"social":["https://www.youtube.com/@imagindairy","https://www.instagram.com/imagindairy","https://twitter.com/imagindairy","https://www.linkedin.com/company/68846529"],"flattenedsociallinks":"https://www.youtube.com/@imagindairy|https://www.instagram.com/imagindairy|https://twitter.com/imagindairy|https://www.linkedin.com/company/68846529","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"11-50","employees_exact":32,"patent":1,"raised":33460000,"stage":"Seed","public_stage":"Seed","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Jvz2KAJDA","primary_sector":"Agriculture & Food Technologies","alternativenames":["Imagine dairy","Imaginedairy","Imagin dairy"],"about":"Imagindairy is trailblazing a new future for the dairy industry by producing sustainable, animal-free dairy proteins that have the same flavor, mouthfeel, functionality, and nutritional properties as those from bovine sources. Imagindairy's proteins, produced by precision fermentation, can be used to create a large array of dairy products that are cholesterol-free, lactose-free, and hormone-free. The company’s innovative core technology utilizes advanced computational and molecular biology to amplify protein expression and develop cost-effective precision fermentation processes.","climatetech_description":"The company uses microorganisms for dairy protein production via precision fermentation, and its proprietary core technology utilizes advanced computational and molecular biology technologies to amplify protein expression to reach cost-effective processes. By harnessing innovative machine learning and big data, Imagindairy is able to unlock the potential of these innovative ingredients to reach the mass market and thus lowering GHG emissions and improving the sustainability of our food systems.\n","is_climatetech_relevant":1,"phone":"","country":null,"address":{"israeli":[{"id":"egDolM5FyDl5jZEB2S0JB0I4pp6K9iMcdq1OpQnuxxSqYp5TqaJLnK","city":"Haifa","type":null,"address":"Haifa, Israel","placeid":"ChIJRegNdUy6HRURmlKBKpgjXcM","notactive":null,"openeddate":null,"registrarid":null,"firstrdcenter":null,"registrarname":null}],"officesabroad":null},"headquarter_address":null,"district":null,"news":[{"id":"vvWTeV1AgJUiYAbspmae6COdmiv55Jt6FKrNzO2GIIgNOy61JKhzPW","date":"Nov 28, 2024","link":"https://en.globes.co.il/en/article-regulator-approves-alternative-proteins-but-you-cant-try-them-yet-1001495509","source":"en.globes.co.il","visible":1,"analysis":{"tags":"regulatory approval","company":"ImaginDairy","layoffs":null,"summary":"ImaginDairy, an Israeli company specializing in animal-free whey protein, has received regulatory approval from the Israeli Ministry of Health to market its factory-produced beta-lactoglobulin (BLG). This approval marks a significant step towards commercialization, although the company has yet to bring its products to market. ImaginDairy, founded within The Kitchen Foodtech Hub, has raised approximately $30 million from investors including Target Global and Danone. The company aims to provide environmentally friendly, cholesterol- and lactose-free dairy alternatives. Despite the regulatory approval, ImaginDairy faces challenges in scaling up production and maintaining product stability and pricing. The company is negotiating contracts with several food companies and has set up a production plant, with products like cheeses and yogurt available for tasting in their laboratories.","partners":["Strauss Group"],"customers":null,"investors":["Target Global","MoreVC","Entree Capital","PeakBridge VC","FoodSparks","Danone"],"confidence":9,"key_topics":["regulatory approval","alternative proteins","food technology","commercialization","health safety"],"date_of_event":"November 28, 2024","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"30 million","structured_issues":["Investment","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"zEz3mHAdQvxlXcoA39ozEumMg8QwWmMje3ZGv8heaIwC9m8vMbOzo0","news_summary":"Regulator approves alternative proteins, but you can't try them yet","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"TMVjT71Q9YgNtwGXecQXYi3QhtetKVsDeRz0NFOcz5A3sDCJHppEhU","date":"Nov 25, 2024","link":"https://www.ynet.co.il/digital/technews/article/rkx03abq1l","source":"www.ynet.co.il","visible":1,"analysis":{"tags":"regulatory approval","company":"Imagindairy","layoffs":null,"summary":"Imagindairy, an Israeli food tech company, has received approval from the Israeli Ministry of Health to market its animal-free milk proteins in Israel. This follows an earlier FDA approval for the U.S. market. The company uses precision fermentation technology to produce milk proteins identical to cows milk without using animals, offering a sustainable and environmentally friendly alternative. The approval allows Imagindairy to expand its operations and offer its products to Israeli consumers, marking a significant milestone for the company and the Israeli food tech industry. The company has raised over $30 million from investors, including Danone and Strauss. This development highlights the growing importance of sustainable food solutions and the potential impact on the food industry.","partners":["Strauss","The Kitchen FoodTech Hub"],"customers":null,"investors":["Danone","Strauss","Target Global","Entree Capital","MoreVC"],"confidence":9,"key_topics":["FDA approval","Israel market","sustainable food","precision fermentation","food safety"],"date_of_event":"2023-04-03","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"30 million","structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"J2mRehLl9XJgSCPncBNjkjUSR7UdMIpLKBD0QDv1Tv7EaBgE0iCxe3","news_summary":"\"חלב ללא פרה\" מגיע לישראל: Imagindairy מקבלת אור ירוק בארץ","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"pCOZ4hJgd4HpBzrbIX6tyXYejqXUseRzvZtjr5XAfS7SRiocZjzVMo","date":"Nov 24, 2024","link":"https://www.globes.co.il/news/article.aspx?did=1001494950","source":"www.globes.co.il","visible":1,"analysis":{"tags":"alternative protein","company":"ImagineDairy","layoffs":null,"summary":"ImagineDairy, an Israeli company, received marketing approval from Israels Ministry of Health for its lab-produced milk protein, BLG. This marks the third such approval in Israel for alternative proteins, following ReMilk and Aleph Farms. ImagineDairy, founded by Dr. Eyal Afergan and Dr. Eyal Abu, has raised approximately $30 million from investors including Danone and employs dozens in Haifa. The company aims to offer dairy alternatives without cholesterol or lactose, promoting environmental benefits. Despite not yet having products on the market, ImagineDairy has agreements with food companies and plans for full commercialization in Israel. The company faces challenges in scaling production while maintaining quality and affordability.","partners":null,"customers":null,"investors":["Target Global","MoreVC","Entrée Capital","PeakBridge","FoodSparks","Danone"],"confidence":9,"key_topics":["alternative protein","food technology","regulatory approval","investment","market expansion"],"date_of_event":"January 2023","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"30 million","structured_issues":["Investment","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"jlL6cPJPQqOI0JHpwYtHHhdVtUm24Q2vyY1CJaolLpw9XGwUUhjVrE","news_summary":"אישור שלישי בישראל לחברה שמייצרת חלבון אלטרנטיבי","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"iBRKqmVpzWyYt2lMFHD2Kz3D9LcJopOFnXNAK8WUZ6WaR3O4CUa0p7","date":"Jul 24, 2024","link":"https://officesnapshots.com/2024/07/24/imagindairy-offices-haifa/","source":"officesnapshots.com","visible":1,"analysis":{"tags":"Innovation, Dairy Industry","company":"Imagindairy","layoffs":"N/A","summary":"Imagindairy, a food tech company pioneering cow-free milk production, has had its Haifa workspace designed by Studio Samuelov to reflect its innovative and forward-thinking ethos. The design integrates laboratory and office spaces to promote interdisciplinary collaboration and creativity. The layout symbolizes the convergence of science and creativity, encouraging spontaneous interactions and idea exchanges between scientists, engineers, and creative professionals. The design approach aims to foster a culture of cross-disciplinary collaboration, supporting Imagindairys goals of transforming the dairy industry and reducing environmental impact.","partners":"Studio Samuelov","customers":"N/A","investors":"N/A","confidence":8,"key_topics":"Workspace Design, Interdisciplinary Collaboration, Dairy Industry Innovation, Cow-free Milk Production, Environmental Impact","date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Expand","acquisition_amount":"N/A","structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Dd331fkAIUcX8m9E9nrCD9z35aV6YI9aVxi2UlxUgBErdrWkapphcK","news_summary":"Imagindairy Offices - Haifa | Office Snapshots","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"p8AQGkbl2yOkg6sgrEbkkPYLbJixZt2HeSNfhiVJ9Oyz0QR3ktDnZn","date":"Jul 2, 2024","link":"https://entreecap.com/resource/news/imagindairy-has-been-selected-by-the-world-economic-forum-as-one-of-the-100-technology-pioneers-for-2024","source":"entreecap.com","visible":1,"analysis":{"tags":"Technology Pioneers Community, AI, Start-ups","company":"World Economic Forum","layoffs":"Not mentioned","summary":"The World Economic Forum has announced the 100 companies that will join its Technology Pioneers Community for the 2024 cohort. These companies are utilizing advances in AI to develop solutions for various industries, including clean energy, healthcare, biotech, space, and neurotechnology. The 2024 cohort has a strong representation from the largest entrepreneurship ecosystems in the world, namely the United States, China, and India, with India having more start-ups than ever before.","partners":"Not mentioned","customers":"Not mentioned","investors":"Not mentioned","confidence":8,"key_topics":"AI, Clean Energy, Healthcare, Biotech, Space, Neurotechnology","date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"Not mentioned","structured_issues":"Partners, Expand","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Partners, Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"ebcdSW5GuwnOhupOpsVzMuo24NcXxOkvLUyN4mUMdV2kldUcD5NkSz","news_summary":"Imagindairy has been selected by the World Economic Forum as one of the 100 Technology Pioneers for 2024 - Entrée Capital","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"pZVkpEnTgfnWCaH7GlDM5SWoawrIdRdU6IZ2SEHTWHUx3K0KOgBMYh","date":"Jan 17, 2024","link":"https://agfundernews.com/imagindairy-acquires-industrial-scale-precision-fermentation-lines-for-animal-free-whey-this-will-allow-us-to-support-mass-market-adoption","source":"agfundernews.com","visible":1,"analysis":{"tags":"Acquisition, Expansion","company":"Imagindairy","layoffs":"Not mentioned","summary":"Israeli startup Imagindairy has acquired industrial-scale precision fermentation production lines at an undisclosed location and expects products containing its animal-free whey protein to launch in the US this year. The company has received a “no questions” letter from the FDA affirming the GRAS (Generally Recognized as Safe) status of its whey. Imagindairy has raised just over $30 million to date from backers including Danone. The company plans to bring the whey protein beta-lactoglobulin to the US market and is also working on a range of other milk proteins. Imagindairys customer pipeline spans small companies to multinationals looking to meet ESG goals by replacing some whey from cows with whey made by microbes.","partners":"Danone","customers":"Not mentioned","investors":["Danone"],"confidence":8,"key_topics":["Animal-free dairy","Precision fermentation","Industrial-scale production","GRAS status","Machine learning"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$30 million","structured_issues":["Acquisition","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Acquisition  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"hKOUf8xzRgTXjizv9IjgUHrKByB8BOaL0yAhYBnjcxohBp7OgE7nd9","news_summary":"Imagindairy acquires industrial-scale precision fermentation lines for animal-free whey: 'This will allow us to support mass-market adoption'","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"63nuhCpGsnUcd9XB5iu5vfy8clqOrHs4oPEbXEfmL3ytmbGSjeGuBd","date":"Jan 4, 2024","link":"https://www.calcalistech.com/ctechnews/article/bj3puynda","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"FDA Approval, Animal-Free Dairy","company":"Imagindairy","layoffs":"Not mentioned","summary":"Imagindairy, an Israeli foodtech startup specializing in animal-free milk protein development, has received FDA approval for its products. The approval signifies the safety of its products for consumer use and allows the company to explore commercial collaborations, market its products, and engage in sales with a diverse range of food companies in the American market. Imagindairys technology enables the production of a broad spectrum of dairy analogs, from raw milk to cheese, without involving animals. The company has raised over $30 million to date and plans to collaborate with food giants such as Danone and Strauss.","partners":["Danone","Strauss"],"customers":"Not mentioned","investors":["Target Global","Strauss Group","Emerald Technology Ventures","Green Circle Foodtech Ventures","Collaborative Fund","New Climate Ventures","FoodSparks by PeakBridge"],"confidence":9,"key_topics":["FDA Approval","Animal-Free Dairy","Commercial Collaborations","Artificial Intelligence","Environment"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$30 million","structured_issues":["Customers","Partners","Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"w17ymtXMI9fP8LamQnODlebxq5RrRnxuRoSjbCrp2IlYDB2k5nmcan","news_summary":"Foodtech startup Imagindairy receives FDA approval for animal-free milk proteins | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"MPtHzgC4eIOY0hP0QHGbwGghBEeSC2PBrNXzuUXwJ47g5ciadebHCi","date":"Jan 4, 2024","link":"https://www.timesofisrael.com/israeli-foodtech-startup-secures-us-regulatory-nod-for-cow-free-dairy-protein/","source":"www.timesofisrael.com","visible":1,"analysis":null,"sentiment":null,"analysisId":"uvq98RfDdcWKGULTIFYQ0VCCNlJRBbizfSf7w49T0wJLG1w7IkfdO0","news_summary":"Israeli foodtech startup secures US regulatory nod for cow-free dairy protein","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"none"},{"id":"Vdf2hFLfveK0c74RQiXGw4yA3bt3pQ0WWZ4MEVQcv2PuPp74RZQNIC","date":"Sep 25, 2023","link":"https://www.maariv.co.il/business/tech/Article-1040252?_atscid=7_134353_204082920_2475317_0_Txtetaxjxdshwhus8sp","source":"www.maariv.co.il","visible":1,"analysis":{"tags":"FoodTech, Innovation","company":"Imagindairy","layoffs":"Not mentioned","summary":"Imagindairy, a FoodTech startup, is developing proteins identical to those found in cows milk, which can be used as raw materials in the food industry. The company, founded in 2020 with the support of Strausss FoodTech incubator, The Kitchen, is currently advancing its development towards marketing its first products. The companys production method is based on precision fermentation, combined with innovative technology. This allows the company to produce large quantities of proteins in the most efficient and economical way, bringing tasty and nutritious products to the market at a competitive price for the consumer.","partners":"The Kitchen FoodTech Hub","customers":"Not mentioned","investors":"The Kitchen FoodTech Hub","confidence":9,"key_topics":["Dairy Alternatives","Protein Development","Food Industry","Sustainability","Health Benefits"],"date_of_event":"25/09/2023","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Investment","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ZwVeMMji7w7PTsNReri9oYNRhtpiEI6g1lmnMDnYQNr9d0h2vCYI9F","news_summary":"\"מהפכה בשוק החלב\": החברה שמפתחת חלבונים הזהים לאלו מהפרה","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"7kdq5wVn1BnTSXlmHcrjl1pjPLt7touddx8ulrV76yJa8J5Pr4l2Hr","date":"Aug 15, 2023","link":"https://vegconomist.com/company-news/imagindairy-gras-status-us-animal-free-protein-new-headquarters/","source":"vegconomist.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"Y31gnVkbj1tYMfq6hNG0Iogccov7bZqqxpONW5ILBxgNiIF6QbjJC8","news_summary":"Imagindairy Obtains Self-Affirmed GRAS Status in the US for Animal-Free Protein, Inaugurates Headquarters","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"07vS7vTmpC2vrjpDy8O2RJDpSiQkD7rszrvyoNW7b4TVxokQUDBwfv","date":"Apr 26, 2023","link":"https://agfundernews.com/danone-invests-in-animal-free-dairy-startup-imagindairy","source":"agfundernews.com","visible":1,"analysis":{"tags":"animal-free dairy, precision fermentation","company":"Danone","layoffs":null,"summary":"Danone Manifesto Ventures has taken a minority stake in Imagindairy, an Israeli startup that produces animal-free dairy proteins through precision fermentation. This move marks Danones entry into the animal-free dairy space. Imagindairy plans to bring beta-lactoglobulin (whey protein) to the US market and is also working on other milk proteins. The company has raised $28 million to date and aims to reach cost parity and beyond through efficient fermentation processes. Animal-free dairy products offer sustainability and ethical benefits without relying on industrialized animal agriculture. Other players in the animal-free dairy space include Perfect Day, Remilk, Change Foods, New Culture, All G Foods, Formo, Those Vegan Cowboys, Daisy Lab, and molecular farming players. The market for animal-free dairy is still in its early stages, with big players like General Mills, Starbucks, Mars, Nestlé, Bel Brands, and Unilever testing the waters.","partners":"Imagindairy","customers":null,"investors":null,"confidence":8,"key_topics":["Imagindairy","animal-free dairy","precision fermentation","partnership","growth"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"TLXdTD0jf8EIOEwBxJ7iEZIPxuzLXcD8QiRV5jI7RvhpPlLJmK9JOW","news_summary":"Danone invests in animal-free dairy startup Imagindairy","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"58ec02ce-9ec9-4f01-831e-670f0cee67c8","date":"May 18, 2022","link":"https://www.calcalist.co.il/ctechnews/article/hksmuxzvq","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"foodtech, animal-free milk proteins","company":"Imagindairy","layoffs":null,"summary":"Imagindairy, a foodtech startup, has secured an additional $15 million in its extended Seed-round, bringing the total investment capital to $28 million. The funding was led by Target Global and joined by existing investors, including Strauss Group and Emerald Technology Ventures. Imagindairy uses proprietary precision-fermentation technology to create animal-free milk proteins from microorganisms, allowing the production of dairy analogs without involving animals. The companys dairy proteins are non-GMO, cholesterol-free, and have the same flavor, texture, functionality, and nutritional value as cow-based counterparts. The funding will help advance Imagindairys vision of making true dairy alternative products a day-to-day reality.","partners":null,"customers":null,"investors":["Target Global","Strauss Group","Emerald Technology Ventures","Green Circle Foodtech Ventures","Collaborative Fund","New Climate Ventures","FoodSparks by PeakBridge"],"confidence":9,"key_topics":["Animal-free milk proteins","Precision-fermentation technology","Seed-round funding","Investors","Dairy alternative products"],"date_of_event":"November 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$15 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"rvauCldIlpMmic3n1MTCzlW9RN7sgKFwhgvzo4QQ6IqxC2Xm6GAR2L","news_summary":"Imagindairy extends Seed round to $28 million for animal-free dairy solution  CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"cd49e456-3786-4e21-8849-b177c5124e16","date":"Nov 18, 2021","link":"https://www.foodnavigator.com/Article/2021/11/18/Imagindairy-targets-2023-launch-for-animal-free-dairy-after-successful-funding-round","source":"www.foodnavigator.com","visible":1,"analysis":{"tags":["dairy proteins","precision fermentation","sustainable milk","B2B markets"],"company":"Imagindairy","layoffs":null,"summary":"Imagindairy has developed a new technological approach to produce dairy proteins without cows, using precision fermentation. The company aims to bring its cow-free, sustainable milk and dairy products to market by 2023. Investors in Imagindairy include MoreVC, Strauss Group, Entrée Capital, S2G Ventures, Collaborative Fund, New Climate Ventures, Green Circle Foodtech Ventures, Emerald Technology Ventures, and Pierre Besnainou. The company is focused on B2B markets and is collaborating with dairy companies to offer dairy-free proteins. Imagindairys technology feeds microorganisms instead of cows, resulting in highly functional milk proteins that are indistinguishable from animal-based dairy. 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