India-based alternative dairy firm nets $1.2m seed funding
Phyx44 uses microbe fermentation to produce lactose and animal-free dairy. With the fresh funding, the firm will accelerate its research and development process and expand its team. The company is headquartered in India.
Funding details
- Funding amount: US$1.2 million
- Lead investors: Better Bite Ventures
- Other investors: Ahimsa VC, PeerCapital, Spectrum Impact, Rohit Gulati, Sandhya Sriram
- Stage: Seed
- Source
More details
Phyx44→
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| Stage | Amount (US$) | Investors |
| Seed | 1.2 million | Sandhya Sriram, PeerCapital, Ahimsa VC, Spectrum Impact, Better Bite Ventures, Rohit Gulati |
| Total | 1.2 million | |
Editing by Miguel Cordon and Jaclyn Tiu
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