TurtleTree Labs raises USD 3.2m to accelerate cell-based milk development

June 30, 2020

Singapore’s cell-based milk developer TurtleTree Labs has completed a fresh round of USD 3.2 million funding to boost the development of cell-based milk. Investors taking part in the startup’s seed round were Green Monday Ventures, KBW Ventures, CPT Capital, Artesian, and New Luna Ventures. “TurtleTree Labs’ goal of creating milk from animal cells provides a novel solution towards sustainable dairy production globally and would also help to strengthen Singapore’s long-term food diversification efforts,” said Bernice Tay, Enterprise Singapore’s Director of Food Manufacturing Division.