黑料吃瓜

Animal-free dairy protein-makerhas extended its Series C funding round to $300 million, the company announced Wednesday.

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The company initially raised $140 million for its in December 2019 in a round led by . The led the extension of the Series C, per a company statement.

Perfect Day makes dairy proteins whey and casein, but without the involvement of animals. The company takes milk鈥檚 essential genes and adds them to microflora, according to Perfect Day鈥檚 website. The flora uses fermentation to convert the plant sugar into whey and casein, which can be used for foods like ice cream, butter and cheese.

Because Perfect Day doesn鈥檛 rely on animals, it can avoid common supply issues. The company says it can increase and decrease production to match demand, according to a statement. It鈥檚 planning on starting a network of local animal-free dairy protein producers and processors to further avoid supply chain issues. And the foods made with Perfect Day鈥檚 protein, like Smitten N鈥橧ce Cream, are lactose-free, vegan and hormone-free.

The company, which is based in Berkeley, California, doesn鈥檛 plan on slowing growth anytime soon, CEO said in a statement.

鈥淭he coronavirus pandemic has shown just how fragile our food system is. We鈥檙e committed to building real change that prioritizes diversity, agility, and resilience,鈥� he said

Perfect Day is among a growing number of companies looking to replace animals in the food chain. Perhaps most notably in that category are and , which make plant-based alternatives to meat.

Prior to the Series C, Perfect Day raised a $34.8 million led by and Temasek in February 2019. It raised a $24.7 million in February 2018 led by Temasek, and seed rounds in 2014, according to 黑料吃瓜.

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