Better Dairy to raise £1.6 million in seed funding backed by Happiness Capital, CPT Capital, Stray Dog Capital and Veg Capital.

Better Dairy, a London, UK-based startup working a novel manufacturing way for producing diary products, announced that it completed a funding round of £1.6 million ($2.1M).

The money was raised from British investors, including Happiness Capital, CPT Capital, Stray Dog Capital and Veg Capital.

Better Dairy, incubated in 2020 at Entrepreneur First by CEO Jevan Nagarajah and Christopher Reynolds, uses synthetic biology and yeast fermentation to produce dairy products following a similar process to brewing beer. The company's products are molecularly identical to traditional dairy following similar existing recipes and supply chains.