NewMoo
Plant Molecular Farming Protein Production
Company Overview
Snapshot
Founded in December 2020 by Aviad Maizels, Daphna Miller, Dr. Yulia, Hod Yanover, and Julie Fridman, NewMoo operates with 11–50 employees. The company has secured $7M in total capital across one funding round from two investors. In May 2024, NewMoo announced a significant breakthrough in creating casein in plants for crafting moo-free cheese.
Business overview
NewMoo is an Agriculture & Food Technologies company focused on developing a novel, patent-protected approach for cost-effective production of high-functional protein complexes for the sustainable animal-free food industry. The company utilizes advanced genetically modified plants to create a scalable and cost-effective platform for producing sustainable food without the need for farm animals, targeting the Novel Food & Ingredients sector within Food Tech.
Strategic signal
In May 2024, NewMoo announced a significant development in creating casein in plants for crafting moo-free cheese. This breakthrough is crucial for the alternative protein market, as casein is a key ingredient for dairy-like textures and flavors. This signals NewMoo's potential to disrupt the traditional dairy industry and accelerate the adoption of plant-based alternatives, offering investors a glimpse into the company's innovative capabilities and market potential.
Company Intelligence Q&A
- What is NewMoo's core technology?
- NewMoo develops a novel, patent-protected approach using advanced genetically modified plants to produce high-functional protein complexes, specifically casein, for the animal-free food industry.
- When was NewMoo founded and by whom?
- NewMoo was founded in December 2020 by Aviad Maizels, Daphna Miller, Dr. Yulia, Hod Yanover, and Julie Fridman.
- What significant product development did NewMoo announce in May 2024?
- In May 2024, NewMoo announced that it successfully created casein in plants, a key ingredient for crafting moo-free cheese.
- How much capital has NewMoo raised?
- NewMoo has raised $7M in total capital across one funding round.