Better dairy, a U.K based food Tech Company founded by Jevan Nagarajah, is all set to get aged and hard cheeses into the testing phase after securing $22 million in Series A funding. The company was founded in 2019 and is still developing a proper R&D for developing animal-free cheeses using precision fermentation.
Happiness capital invested d £1.6 million in a seed funding round. The capital secured from other market players includes Capital, Manta Ray, Acequia Capital, and Stray Dog Capital, which would help the company expand its workforce from eight people to 35 and acquire a new 6,000-square-foot laboratory and office space in East London.
Better dairy uses precision fermentation procedures to produce molecularly identical products to traditional dairy. Better dairy’s primary focus is processing and making hard cheeses more sustainably.
Nagarajah stated that they need the right space and equipment to upgrade their science. He further said, “It is not just about being animal-free and sustainable, but also delicious. If it tastes a better then it becomes a no-brainer and a benchmark for success. There is a benefit for doing it the right way because if not, the time it takes to unwind it all could take years.”
