Foodtech Startup Standing Ovation Closes A €12M Series A Financing Round To Accelerate The Development Of Its Animal-Free Casein And Cheese Substitute Production Process

STANDING OVATION (https://standing-ovation.co/), a player in the food transition, announced today a Series A financing round of €12 million led by Astanor Ventures, with the participation of Peakbridge, Seventure Partners, Big Idea Ventures, Good Startup, and of a leading player in the food industry. This round, completed less than 2 years after its creation, will be used to finance the next phase in the company’s development and scale its technology to meet industrial demand.