De Novo Foodlabs (De Novo), a food technology company focused on creating rare protein-based functional ingredients, has announced fresh capital, bringing its total investment to $4 million. This investment will enable De Novo to fast-track the commercialization of its revolutionary precision fermented lactoferrin product, NanoFerrin. The raise, spearheaded by sustainable protein venture capital firm Joyful Ventures, highlights the immense potential of De Novo's state-of-the-art, animal-free protein solutions to reshape the health and wellness landscape.

This latest funding round follows initial investments from Sustainable Food Ventures, Siddhi Capital, Pascual Innoventures, UM6P Ventures, Cult Food Science and Prithvi Capital, bringing De Novo's total funding to $4 million since its inception in 2021.