The Series B totals 30 million EUR, including 25 million EUR in equity. The financing is supplemented by 5000000 EUR in non-dilutive financing from Bpifrance and a leading banking syndicate.
About Standing Ovation
Standing Ovation is a biotech startup building an industrial-scale fermentation platform that transforms whey permeates and agricultural sugars into casein, a dairy protein used in cheese, yoghurt, and protein-fortified foods.
Paris, France
Read Company ProfileFrequently Asked Questions
What type of funding round did Standing Ovation raise?
Standing Ovation raised a series-b round.
How much did Standing Ovation raise in its series-b?
Standing Ovation raised $30,000,000 EUR in its series-b.
Who invested in Standing Ovation's series-b?
The investors in Standing Ovation's series-b are: Ecotechnologies 2 fund, Crédit Mutuel Innovation, Astanor, Bel Group, Seventure Partners, GoodStartUp, Big Idea Ventures, Danone Ventures, Angelor, Newtree, Noshaq, Bpifrance, Leading banking syndicate.
How will Standing Ovation use the funds from its series-b?
Standing Ovation plans to use the funds for: commercial rollout of sustainable dairy proteins, expansion in the United States, launch in Europe starting at the end of 2027, launch in Asia starting at the end of 2027.