Biochemical Engineering

Perfect Day set for IPO after raising a further $350m

Perfect Day set for IPO after raising a further $350m

30th September 2021

A foodtech company that began in Cork has raised a further $350 million to bring its lab-developed animal-free dairy products to market. This takes to $750 million the amount Perfect Day has secured in investment since participating in Sean O’Sullivan’s RebelBio accelerator programme in Cork city in 2015. San Francisco-headquartered Perfect Day has developed a synthetic product that uses bioengineered yeast which, through fermentation, produces a protein that is genetically identical to dairy protein. Source: Irish Times 30/9/2021


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