Remilk

Remilk is a multi-national Israeli food technology company that uses precision fermentation to create dairy proteins that are identical to their traditional cow-derived counterparts. The company was founded in 2019 by CEO Aviv Wolff and CTO Ori Cohavi and has developed a method of yeast-based fermentation to produce milk proteins with an identical chemical compound to that of milk traditionally produced by cows.[1]

Remilk
IndustryFood
FoundedJune 14, 2019 (2019-06-14)
Founders
  • Aviv Wolff
  • Ori Cohavi
Headquarters
Rehovot
,
Israel
Key people
  • Aviv Wolff (CEO)
  • Ori Cohavi (CTO)
Products
Websiteremilk.com

History

Remilk was founded in 2019 by Aviv Wolff and Ori Cohavi.[1]

In December 2020, the company completed a Series A funding round of $11 million. Among its initial investors were Tnuva, the largest dairy conglomerate in Israel, and Tempo.[2]

In January 2022, the multinational venture capital fund, Hanaco Ventures, led a funding round for the company and raised $120 million.[1][3]

In April 2022, the company announced that it is planning to open the world's largest precision fermentation facility in Denmark.[1][4]

Product

The company produces animal-free milk proteins using precision fermentation. The resulting milk proteins are identical to cow-derived proteins, and are used to create dairy products such as milk, cheese, and yogurt that are identical to traditional dairy in terms of taste and texture, but are devoid of lactose, cholesterol, growth hormones, and antibiotics.[1][5]

References
  1. BEN-DAVID, RICKY (26 April 2022). "Israel's Remilk to open 'world's largest facility for cow-free milk in Denmark". The Times of Israel. Retrieved 1 May 2022.
  2. Rebett, Hagar (9 December 2020). "רימילק, שמייצרת מוצרי חלב ללא שימוש בבע"ח, גייסה יותר מ-11 מיליון דולר" (in Hebrew). Calcalist. Retrieved 1 May 2022.
  3. "Israeli cultivated dairy co Remilk raises $120m". Globes. 6 January 2022. Retrieved 1 May 2022.
  4. Dgani, Korin (26 April 2022). "רימילק תקים מפעל בדנמרק - הגדול מסוגו בעולם לייצור חלבוני חלב" (in Hebrew). TheMarker. Retrieved 1 May 2022.
  5. Shahaf, Tal (10 April 2020). "החברה שממציאה מחדש את הגבינה" (in Hebrew). Ynet. Retrieved 1 May 2022.
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