Standing Ovation raised €3.75M in a Series A funding round to enhance animal-free protein production.

Sep 13, 2024•over 1 year ago

Amount Raised

€3.75 Million

Round Type

series a

ParisPetAnimal FeedFood and Beverage

Investors

BpifranceBel GroupBig Idea VenturesGood StartupSeventure PartnersPeakbridgeAstanor Ventures

Description

Standing Ovation has completed an extension to its Series A funding round, bringing total funds raised to €23 million. The company focuses on producing Advanced Casein®, a key protein for dairy products, while significantly reducing CO2 emissions.

Company Information

Company

Standing Ovation

Location

Paris, Ile De France, France

About

Standing Ovation is a French protein company specializing in precision fermentation. The company has developed its first patented ingredient, Advanced Casein®, which is produced with 10 times less CO2, and significantly less water consumption and land use than regular casein, while offering nutritional, functional and taste qualities on par with the animal-sourced protein. Standing Ovation will launch its flagship protein in the United States in 2025 and aims to be a global leader in the food and environmental transition.

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