Biochemical Engineering

French dairy giant Danone leads $3.5m investment into Israeli cultured milk startup

French dairy giant Danone leads $3.5m investment into Israeli cultured milk startup

4th April 2023

French dairy giant Danone has entered into a strategic investment agreement with Israeli startup Wilk, which could lead to a collaboration with the food tech firm to develop cultured breast milk components for infant formula based on its cell technology. Danone Manifesto Ventures (DMV) will invest $2 million, leading a $3.5 million financing round. Source: The Times of Israel, 4/4/2023


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