Zero Cow Factory, a biotechnology startup based in Surat, India, has secured $4 million (Rs 32 crore) in a seed funding round co-led by Green Frontier Capital, GVFL, and pi Ventures. Pascual Innoventures, the investment arm of the Spanish dairy group Calidad Pascual, also participated in this funding round.
The funds will accelerate the company’s research and development efforts, increase production capacity, and obtain regulatory approvals to launch its sustainable animal-free milk proteins and dairy products.
Zero Cow Factory was founded in 2021 by Sohil Kapadia and Parini Kapadia with the aim of revolutionizing the dairy industry by creating dairy products that are ethical, safe, and identical to cow milk, but without any animals involved.
The company is developing a technology to reproduce milk proteins and produce real dairy products that are sustainable, scalable, and delicious.
The startup is a part of global innovation accelerators such as Mylkcubator in Spain, MassChallenge in Switzerland, and Plug and Play in the USA. Zero Cow Factory has previously raised an undisclosed pre-seed round from global FoodTech investors Artesian VC and Brinc.
Kamal Bansal, Managing Director at GVFL, said, “Zero Cow Factory is at the forefront of innovation in the alternative protein space. Their mission is to drastically reduce greenhouse gas emissions by providing a sustainable solution that is better for the planet, people, and animals.”
Co-founder and CEO of Zero Cow Factory, Sohil Kapadia, said,
“We are excited to partner with our investors’ outstanding setup and combine them with our talented team, which positions us uniquely to lead the way in building a global dairy 3.0 that is animal-free, sustainable, and scalable.”