TLDR:
– ImaginDairy, an Israeli foodtech startup, has gained approval from the U.S. Food and Drug Administration (FDA) for its animal-free milk proteins. This approval is a significant milestone for the company as it gears up for market debut and entering the U.S. markets.
– ImaginDairy’s milk proteins are produced through precision fermentation, an environmentally friendly method that reduces greenhouse gas emissions, land use, and water consumption associated with traditional milk production.
– The company’s proteins are identical to cow’s milk in taste, texture, functionality, and nutritional values. They can be used to create various dairy products such as cheese, yogurt, and ice cream.
– ImaginDairy was founded in 2020 and has raised over $30 million to date. It has partnerships with food companies like Danone and Strauss, which will help in introducing its products to the market.
– The company’s FDA approval puts it in competition with other companies in the alternative protein sector that have received similar approvals, such as Remilk and Perfect Day.
Israeli foodtech startup ImaginDairy has received approval from the U.S. Food and Drug Administration (FDA) for its animal-free milk proteins. The approval is a significant milestone for the company as it prepares for market debut and entry into U.S. markets. ImaginDairy’s milk proteins are produced through a process called precision fermentation, which reduces environmental impact compared to traditional milk production methods. The proteins are identical to cow’s milk in taste, texture, functionality, and nutritional values, making them suitable for use in various dairy products. The company has partnerships with food companies Danone and Strauss, which will help in bringing its products to market. ImaginDairy is one of several companies in the alternative protein sector to receive FDA approval, including Remilk and Perfect Day.