Vivici bags €12.5M EIC funding to scale precision-fermented dairy proteins
https://app.dealroom.co/news/note/vivici-bags-12-5m-eic-funding-to-scale-precision-fermented-dairy-proteins What’s the deal? Dutch startup Vivici has been awarded €12.5 million ($14.4M) through the European Innovation Council (EIC) Accelerator Program to scale production of dairy proteins via precision fermentation. The blended financing combines grant funding with equity investment. Vivici was formed by dairy giant Fonterra and DSM-Firmenich in December 2022. It raised a $34 million Series A round last