New Culture attracts new funding; Change Foods eyes up Abu Dhabi for new plant

San Leandro-based New Culture​ – which plans to launch in the foodservice market next year with animal-free mozzarella featuring casein proteins made in fermentation tanks that “melts, stretches, and bubbles just like conventional dairy cheese​” – has secured a “multi-million dollar”​ investment from Korean food and biotech giant CJ CheilJedang​.​ 

A leading manufacturer of food ingredients from nucleic acid, lysine and tryptophan to on-trend sweetener allulose, CJ CheilJedang also owns US frozen food giant Schwan’s (which makes Red Baron pizza), noted New Culture, which raised $25m in a series A round last fall.

CJ is one of the world’s leading players in food, biotech, fermentation, and pizza, all of which are core elements of the New Culture vision,​said New Culture co-founder and CEO Matt Gibson, ​who recently announced a recent partnership with ADM​ under which the ingredient giant’s “production capacity for both fermentation and dairy operations will be made available to meet the demand for New Culture’s melty, stretchy cheese.”  

Asked about the manufacturing set up at New Culture, he said: “We are moving ahead rapidly with our scale-up efforts but are not yet ready to share details.”

Change Foods: New plant in Abu Dhabi

Palo Alto-based ChangeFoods​, meanwhile, has just signed an agreement with KEZAD Group​ (which offers manufacturing, logistics, trade and distribution services) to design a dedicated commercial manufacturing plant for animal-free casein proteins in Abu Dhabi with the support of the Ministry of Economy of the UAE under the NextGen FDI initiative​ (designed to help high-tech businesses launch and scale from the UAE) as it gears up to launch next year.

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