Tech Company Financing Transactions
New Culture Funding Round
CJ CheilJedang Corp. participated in a $23 million funding round for New Culture. The round was recorded on 11/3/2022.
Transaction Overview
Company Name
Announced On
11/3/2022
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Undisclosed
Investors
CJ CheilJedang Corp. (Lead Investor)
Proceeds Purpose
The investment will go towards product development and scale-up of New Culture's animal-free mozzarella slated to launch in pizzerias in 2023.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
479 Jessie St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At New Culture we are revolutionising how cheese is made. We are ditching farms for a more sustainable and ethical approach. We are making real cow cheese without the cow
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Gibson
Chief Scientific Officer
Inja Radman
Co-Founder
Arie Abo
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