Cultivated Biosciences closes USD 5 million Seed Financing Round
11 March 2024 – Cultivated Biosciences SA, a Swiss Start-Up developing a creamy, dairy-free and animal free solution/ingredient, has announced the successful completion of a USD 5 million seed funding round. The round involved new investors Navus Ventures B.V., Mandi Ventures, Joyful VC, Zürcher Kantonalbank, as well the existing investors Founderful, HackGroup and angel investors. The new funds shall be used to accelerate the development of its microbial cream and prepare for its market launch.
Walder Wyss has advised Cultivated Biosciences on this transaction. The team included Ramona Wyss (Partner, Transactions/Regulatory), Fabienne Limacher (Partner, Tax), Letizia Schlegel (Associate, Corporate/M&A) and Suan Jung (Trainee, Corporate/M&A).