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Shadine Taufik · · 1 min read

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

The company was founded in 2021 by Bharath Bakaraju.

Stage Amount (US$) Investors
Seed 1.2 million Sandhya Sriram, PeerCapital, Ahimsa VC, Spectrum Impact, Better Bite Ventures, Rohit Gulati
Total 1.2 million

See also: Alt-meat makers race for palatable prices

Editing by Miguel Cordon and Jaclyn Tiu

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Shadine Taufik

Fan of all things AI and art.