Standing Ovation Joins Precision Fermentation Alliance and Food Fermentation Europe, Two Trade Organizations Representing the Precision Fermentation Industry
Standing Ovation, a key player in the food transition, specialized in the production of non-animal caseins by precision fermentation (1) has joined the Precision Fermentation Alliance (PFA) and the Food Fermentation Europe (FFE), two trade organizations representing precision fermentation players in the food industry in the US, Europe and Israel. These two organizations aim to act as the industry's spokespersons to government bodies, industry and other economic players, as well as consumers, to promote the use of precision fermentation for a resilient and sustainable food system (2) (3).
Foodtech Startup STANDING OVATION Closes a €12M Series A Financing Round to Accelerate the Development of Its Animal-Free Casein and Cheese Substitute Production Process
STANDING OVATION (https://standing-ovation.co/), a player in the food transition, announced today a Series A financing round of €12 million led by Astanor Ventures, with the participation of Peakbridge, Seventure Partners, Big Idea Ventures, Good Startup, and of a leading player in the food industry. This round, completed less than 2 years after its creation, will be used to finance the next phase in the company’s development and scale its technology to meet industrial demand.
