40 interest of feeding the world in ways that are more sustainable, and with less harm to the environment and animals. This also ties in with the last years’ trend regarding ESG (Environmental, Social, and Corporate Governance), sending investors to apply multiple non-financial factors in the course of their analysis process to identify material risks and growth opportunities. A food-tech company which has seen great attention recently is Re-Milk Ltd which produces animal-free, dairy-identical milk proteins and recently received an approval from the Food and Drug Administration allowing it to market its products in the United States. In the first quarter of 2022, Re-Milk secured a $120m Series B investment round, and thereafter announced its plans to open the world’s largest facility for the production of cultivated milk.
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