De Novo Dairy
South Africa · Founded 2021 · $1.5M raised
- Employees
- 1–10
- Founded
- 2021
- Business Model
- B2B
- Website
- denovodairy.com
- Total Funding
- $1.5M
- Last Round
- $1.5M SeedAug 2024
- Rounds
- 2
About
De Novo Dairy (now De Novo Foodlabs) is a South Africa-based precision fermentation biotech company developing animal-free, nature-identical dairy proteins critical for human nutrition and immune development. Founded in 2021, the company programs yeast to produce high-value bioactive proteins — including immune-regulating proteins predominantly found in breastmilk — without any animal involvement. De Novo targets the global infant nutrition and functional food ingredients markets with a B2B supply model, partnering with established food and nutrition brands to incorporate its precision-fermented proteins into their product lines. The company is Africa's first precision fermentation player in the dairy protein space, backed by investors including Big Idea Ventures and Sustainable Food Ventures.
Summary
De Novo Dairy is a Smart Cities company based in South Africa, founded in 2021. It has raised $1.5M in total across 2 rounds, most recently a $1.5M Seed round in Aug 2024. Investors include Joyful Ventures, CULT Food Science Corp and UM6P Ventures.
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Funding History
Aug 2024
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Pre-Seed through Seed — per-round amounts, valuations, and who invested in each round.
Investors
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