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Consumer Products

Animal-free dairy firm Perfect Day raises $350 million

by Michael McCoy
October 9, 2021 | A version of this story appeared in Volume 99, Issue 37
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The animal-free dairy company Perfect Day has raised $350 million in series D funding, bringing its total financing to $750 million. Perfect Day launched in 2014 and introduced its flagship product, a fermented protein, last year. Plant-based ice cream was later launched by a consumer products division. The firm also acquired a bioprocessing facility in Utah last year that it now offers to other companies looking to scale up their own animal-free ingredients.

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