De Novo Dairy

South Africa · Founded 2021 · $1.5M raised

Employees
1–10
Founded
2021
Business Model
B2B
Total Funding
$1.5M
Last Round
$1.5M SeedAug 2024
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

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.

Tech & App Stack

5 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

SeedSeed RoundAug 2024
$1.5M

Sign up to see all 2 events

Funding: Pre-Seed through Seed. Amounts, valuations, and investors where available.

Investors

Similar Companies

ParexelAcquired

One of the world's largest contract research organizations (CROs), providing end-to-end clinical ...

Raleigh, United States10001+Biotech
Private EquityTotal funding$5.0BJun 2017
Pharmaceutical Product Development, Inc. (PPD)Acquired

Global contract research organization providing comprehensive drug development and laboratory ser...

Wilmington, United States10001+Biotech, Healthcare
Private EquityTotal funding$3.9BJan 2019
Warner ChilcottAcquired

Specialty pharmaceutical company

Rockaway, United States1001–5000Biotech, Healthcare
Private EquityTotal funding$3.0BJan 2004
Altos Labs

Altos Labs combines academic science and industry development to create medicines that restore ce...

San Francisco, United States501–1000Life Sciences, Biotech
Series ATotal funding$3.0BJan 2022
Syneos HealthAcquired

Integrated biopharmaceutical solutions company

Burlington, United States10001+Biotech, Healthcare
Private EquityTotal funding$3.0BMay 2017
BeiGeneIPO

BeOne Medicines develops transformative oncology medicines through rigorous science, an accelerat...

Cambridge, United States10001+Biotech, Oncology
Corporate RoundTotal funding$2.8BJan 2020

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

De Novo Dairy on Indexed.vc
<a href="https://indexed.vc/companies/de-novo-dairy"><img src="https://indexed.vc/api/badge/company/de-novo-dairy" alt="De Novo Dairy on Indexed.vc" width="260" height="76" /></a>