Page 2 - Max Rye News Today

TurtleTree Labs raises $6.2m to support cell-cultured milk platform TurtleTree Labs, a biotech company building a platform to produce milk using cell-based technology, has closed an oversubscribed $6.2m pre-A funding round from new and existing global investors including Green Monday Ventures, Eat Beyond Global, KBW Ventures, and Verso Capital. The startup - which has offices in Singapore and San Francisco - will use the funds to accelerate research and production o...

“The vision of TurtleTree Labs is to create a truly sustainable and cruelty-free food system,” said Max Rye, co-founder and chief strategist of TurtleTree Labs. “We are grateful to have the support of leading investors from every corner of the world.” It won the Entrepreneurship World Cup 2020, the world’s biggest start-up pitch competition in Saudi Arabia, and secured a cash prize of $500,000 in October. The EWC received entries from more than 175,000 start-ups from nearly 200 countr...

KBW Ventures invests in TurtleTree Labs’ $6.2 million pre-Series A Prince Khaled bin Alwaleed bin Talal Al Saud, CEO of KBW Ventures UAE-based KBW Ventures, has participated in the $6.2 million pre-Series A funding round for Singapore-based TurtleTree Labs, a biotechnology company that uses technology to create real milk from animal cells. Other investors participating in this round include Green Monday Ventures, Eat Beyond Global and Verso Capital. TurtleTree Labs is the worlds first milk...