Round Type
Funding Round
San LeandroOtherFood And BeverageHospitalityFood ProcessingDescription
New Culture, a pioneering animal-free dairy company, announced today an investment from CJ CheilJedang, a $23 billion Korean conglomerate, the world's leading supplier of fermentation based bio-products, and 25% market-share holder in the U.S. frozen pizza market. The investment will go towards product development and scale-up of New Culture's animal-free mozzarella slated to launch in pizzerias in 2023.
Quick answer
New Culture Inc. raised an undisclosed amount in a Funding Round round, dated November 3, 2022. New Culture Inc. is based in San Leandro, California, United States.
- How much did New Culture Inc. raise?
- New Culture Inc. raised an undisclosed amount in a Funding Round round on November 3, 2022.
- What does New Culture Inc. do?
- While other animal-free brands rely on starches, soy, and nuts, New Culture is forging a new path by combining traditional cheesemaking, fermentation, and food science to bring about a sustainable, new culture for the..
- Where is New Culture Inc. based and how big is it?
- New Culture Inc. is based in San Leandro, California, United States.
Source: Fundz verified event record.
Who else raised in Food And Beverage and Hospitality around the same time
Companies in the same sectors as New Culture Inc. that raised within 45 days of this round, from Fundz verified event records.
- Prime Roots raised $29M on December 6, 2022.
- Xiao Chi Jie raised $10M (Series A) on October 13, 2022.
- Suplyd raised $1.6M (Seed) on December 15, 2022.
- poppi raised $25M (Funding Round) on December 13, 2022.
- Equinom raised $35M (Funding Round) on December 12, 2022.
- Dunkin raised an undisclosed amount (Funding Round) on December 7, 2022.
Who to call at New Culture Inc., and when
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- An alert the day New Culture Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at New Culture Inc., from your own LinkedIn network
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New Culture Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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