The Scoop
French company Standing Ovation raised €30M led by Ecotechnologies 2 and Crédit Mutuel Innovation. Funding supports scaling their precision fermentation technology, turning dairy byproducts into casein protein.
The Context
Standing Ovation's patented technology addresses sustainability by upcycling whey permeates into casein, reducing reliance on traditional dairy farming. France faces potential milk self-sufficiency risks by 2027, making this a crucial innovation. They are pioneering a circular protein production approach.