Cow-Free Cheese Startup’s ‘Holy Grail’ Quest Wins Big Backers
- Upfield, Mexico’s Sigma bet on precision fermentation
- Change Foods aims to mirror taste, feel of traditional cheese
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A U.S. food-tech startup in the growing field of “animal-free” dairy is getting a boost from some big names in its aim to create a superior cheese.
Upfield Group, a closely held producer of plant-based spreads that’s owned by KKR & Co.-controlled funds, and Sigma, a global food producer and distributor owned by Mexican conglomerate Alfa SAB, are both teaming up with Change Foods in a bid to shake up the dairy industry.