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Venture Capital News: New Culture Inks Funding from CJ CheilJedang

2022-11-03
SAN LEANDRO, CA, New Culture, a pioneering animal-free dairy company, announced today an investment from CJ CheilJedang.
New Culture announced today an investment from CJ CheilJedang, a $23 billion Korean conglomerate, the world's leading supplier of fermentation based bio-products, and 25% market-share holder in the U.S. frozen pizza market. The investment will go towards product development and scale-up of New Culture's animal-free mozzarella slated to launch in pizzerias in 2023.

New Culture is leading the global movement to an animal-free dairy future. We make animal-free dairy products that stretch, melt, and taste like the real deal. By combining traditional cheese-making methods with innovative food science, New Culture offers cheese that's kinder on animals, the planet, and human health. With New Culture's groundbreaking science, any cheese is possible and can be made completely animal-free. In other words: cow cheese without the cow. The future of dairy is here-and it's delicious.
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