Animal-Free Dairy Products with Big $
Perfect Day and Disney Executive Chairman Bob Iger
Source: Perfect Day
Animal-Free Dairy Startup With $360 Million in Funding
Europe and the US are leading the way in the development of animal free food and investors are bankrolling new startups. A great example is the animal-free dairy startup Perfect Day. Disney Executive Chairman Bob Iger just made a significant investment in the company and now has a seat on its board of directors. This after Perfect Day raised $360 million in investment funding this year. The company has a unique history, innovative technology and commercially available products like its dairy-free ice cream.
Transatlantic Roots
Perfect Day was founded in Cork, Ireland by two young scientists Ryan Padya and Perumal Gandi. Their approach to creating animal-free dairy products garnered global interest. They've developed animal-free milk, cheese, yogurt, butter and ice cream. Now headquartered in Berkeley, California they use a very innovative technological process to create their products. The process involves copied cow DNA, fermentation tanks and fungi. Disney's Bob Iger calls Perfect Day the most well funded protein fermentation company in the world. Founders Gandi and Padya are focused on rapid commercialization of their products in the US and globally. They've been named to Forbes "30 under 30" top new entrepreneurs.
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