Shiru Raises $17M in Series A Funding
- Shiru, an Emeryville, Calif.-based biotech startup that identifies and creates novel plant-based ingredients for the global food industry, raised $17m in Series A funding
- The company intends to use the funds to continue building its team, which spans basic science and fermentation to marketing and business development
- The company discovers and creates novel plant-based ingredients so food companies can make sustainable foods
- The company’s patent-pending discovery platform combines machine-learning algorithms and a precision biofermentation process
- The result is a spectrum of novel plant-based ingredients that require a fraction of the land, energy, and water footprint of animal-derived eggs, meat, milk, and gelatins
- The company aims to develop multiple types of functional ingredients, starting with proteins
