Funding Round Smart Farming

Creating Milk From Lettuce: Israeli Company Banks a $6M Funding Round

Creating Milk from lettuce, AgTech company pigmentum banks a $6M funding round

Israeli startup Pigmentum is making waves in the dairy industry with its innovative technology that creates nature-identical milk proteins using lettuce. The Times of Israel reported that the company has recently raised $6 million in seed funding from a group of investors, including Kibbutz Yotvata and Arkin Holdings, which will help bring its vision to life.

The technology behind Pigmentum’s solution is based on the genetic modification of lettuce components to produce casein, a crucial protein for making cheese. This innovation is particularly relevant in light of the increasing demand for plant-based alternatives in the dairy industry. Plant-based options in the dairy industry are expected to expand rapidly over the next few years but have specific milestones to meet. Indeed, many plant-based options offered are not profitable and are retailed at high prices, slowing down their adoption rate.

Pigmentum’s technology offers a sustainable solution to traditional dairy products, which can significantly impact the environment. In addition, the technology has the potential to be applied in other industries, such as food, cosmetics, and life sciences. This broad application demonstrates the company’s commitment to creating a more environmentally conscious and sustainable future.

The company’s goal is to reduce the environmental impact of livestock production and revolutionize the dairy industry. By developing a technology that creates nature-identical milk proteins using lettuce, Pigmentum is paving the way for a more sustainable future. The recent investment from high-profile investors is a testament to the company’s potential and ability to bring about positive change in the industry.

Photo by Brian Suman on Unsplash 

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