Remilk

About

Funding history · 2 rounds · $131.9M total

Company Intelligence Q&A

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What is Remilk's core business?

Remilk develops animal-free dairy products using a microbial fermentation process to reproduce milk proteins, aiming to create dairy with the same flavor, texture, and nutritional values as traditional dairy.

When was Remilk founded and where is its headquarters?

Remilk was founded in January 2019 and is headquartered in Ness Ziona, Israel.

What was Remilk's most recent funding round?

Remilk closed a Series B funding round in January 2022, raising $120 million. Tnuva was a lead investor in this round.

What was Remilk's first funding round?

Remilk raised $11.3 million in a Series A funding round in December 2020, with Fresh Fund as a lead investor.

Has Remilk received regulatory approval for its products in any countries?

Yes, Remilk secured regulatory approval for the sale of its cow-free dairy in Canada in February 2024 and in Israel in April 2023. It also won FDA approval in June 2022.

What operational development did Remilk announce in May 2022?

In May 2022, Remilk announced plans to open what was described as the world's largest cow-free dairy facility in Denmark.

What significant board changes occurred at Remilk in October 2024?

In October 2024, Remilk experienced turmoil with the resignation of its chairman and three directors due to leadership disputes and unmet goals.

Which major food company is partnering with Remilk for product development?

In January 2023, General Mills began using Remilk's technology to produce animal-free cheese.

How many employees does Remilk currently have?

According to startupim data, Remilk has between 51 and 200 employees, with an exact count of 82.

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