Lab-grown milk start-up raises $25m

Synthetic dairy producer All G Foods has raised $25 million to turbocharge the production of its milk alternative, with UK-based Agronomics leading the round and promising to lend its precision fermentation plants to help scale the fledgling start-up’s manufacturing plans.

Cellular agricultural firm Agronomics has tipped in $15 million through its UK-listed entity and another $10 million through another affiliated investment vehicle. This $25 million is the first part of a larger announcement set for release in a few months.

Read the full article: