Perfect Day Raises $90M in Series

Perfect Day has successfully raised $90M in a Series at a $600M valuation led by Horizons Ventures, Temasek.

Company Overview

Perfect Day is a FoodTech company headquartered in Berkeley, CA, founded in 2014 with 180+ employees.

Produces dairy proteins without animals using precision fermentation

Fundraising Details

• Amount Raised: $90M
• Round Type: Series
• Valuation: $600M
• Date: 2024-12-15
• Investors: Horizons Ventures, Temasek

About Perfect Day

Produces dairy proteins without animals using precision fermentation The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Berkeley, CA
• Founded: 2014
• Team Size: 180+
• Industry: FoodTech

What This Means

This funding round demonstrates strong investor confidence in Perfect Day's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The FoodTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Perfect Day's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $600M valuation marks an important milestone for Perfect Day, positioning the company among notable players in the FoodTech industry.

Looking Ahead

With this new capital, Perfect Day is well-positioned to execute on its growth strategy and continue building innovative solutions in the FoodTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-12-15. For more information about Perfect Day, visit their headquarters at Berkeley, CA.