Standing Ovation, a Paris-based company, has secured $34.2 million in funding to bring its precision fermentation-produced casein to the US market. The funding round was co-led by Bpifrance's Ecotechnologies 2 fund and Crédit Mutuel Innovation, with participation from Danone Ventures and other investors. The company's technology upcycles whey permeate, a byproduct of dairy manufacturing, into high-purity casein through precision fermentation, reducing greenhouse gas emissions and water usage compared to conventional methods.

With strategic partnerships with Danone Ventures and Bel Group, Standing Ovation plans to launch its Advanced Casein ingredient in the US in 2026, followed by Europe and Asia. The company aims to pioneer a sustainable approach to protein production by leveraging technological innovation and expertise in the dairy industry. By bridging the gap between traditional agriculture and deep tech, Standing Ovation aims to meet the growing global demand for sustainable protein products.