Bio-food startup Cauldron secures $10.5m seed funding to bolster animal-free meat sector

 Cauldron, an Australian company laying the foundation to bolster the production of animal-free dairy and meat products globally, has raised $10.5 million from two venture capital funds in one of the country’s largest seed rounds for a female-founded company. 

Australia’s Main Sequence and Hong Kong’s Horizon Ventures have backed Cauldron’s mission to build the Asia-Pacific region’s largest network of precision fermentation facilities that the company says will create new proteins, fats and fibres for multiple applications including food and medicine production.

Read More: https://www.businessnewsaustralia.com/articles/bio-food-startup-cauldron-secures--10-5m-seed-funding-to-bolster-animal-free-meat-sector.html