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perfectday.com

Founded Year

2015

Stage

Series D | Alive

Total Raised

$723.24M

Last Raised

$350M | 1 yr ago

Mosaic Score

+80 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Perfect Day

Perfect Day makes milk that tastes and functions just like animal-produced milk, but without the problems associated with industrial animal facilities. It uses microflora to make its protein and gives its microflora the genetic blueprint corresponding to whey protein, enabling it to produce real milk protein - identical to what cows produce. The company was founded in 2015 and is based in Emeryville, California.

Perfect Day Headquarters Location

1485 Park Ave

Emeryville, California, 94608,

United States

213-848-8633

ESPs containing Perfect Day

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Food & Grocery Tech

This market includes companies using fermentation techniques to engineer customized protein solutions for products ranging from protein drinks to dairy to plant-based products. Solutions offered by these companies include flavor enhancement, allergenicity mitigation, increased nutritional value, and improved ingredient reliability.

Perfect Day named as Leader among 15 other companies, including Impossible Foods, Motif FoodWorks, and Geltor.

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Expert Collections containing Perfect Day

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Perfect Day is included in 6 Expert Collections, including Agriculture Technology (Agtech).

A

Agriculture Technology (Agtech)

1,881 items

Companies that are using technology to make farms more efficient.

S

Synthetic Biology

238 items

Companies involved in design and development of new biological parts, devices, and systems; as well as the re-design of existing biological systems.

F

Food & Beverage

2,695 items

A

Alternative Proteins Startups

391 items

This Collection includes B2B and B2C companies developing alternatives to animal-derived proteins, including plant-based meat, dairy alternatives, lab-grown or cultured meat, and fermented proteins.

G

Game Changers 2018

70 items

W

Wellness Tech

1,338 items

We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.

Perfect Day Patents

Perfect Day has filed 13 patents.

The 3 most popular patent topics include:

  • Milk
  • Food additives
  • Dairy products
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/21/2015

8/3/2021

Sugar substitutes, Food additives, Nutrition, Milk, Potassium compounds

Grant

Application Date

8/21/2015

Grant Date

8/3/2021

Title

Related Topics

Sugar substitutes, Food additives, Nutrition, Milk, Potassium compounds

Status

Grant

Latest Perfect Day News

Perfect Day allies with Onego Bio to speed-up launch of animal-free eggs

Sep 21, 2022

21 Sep 2022 --- US-based Perfect Day, is partnering with Onego Bio, which specializes in creating animal-free eggs, aiming to accelerate the timeline to bring the eggs to the market. The business, with the use of its technology, plans to commercialize animal-free ovalbumin, the most abundant egg white protein extracted through precision fermentation. Perfect Day will bring to the table its strain engineering, bioprocess development, regulatory support and scale-up process services as the demand for eggs is insatiable, as global egg production has doubled its volume in the past 20 years and is forecasted to reach 138 million metric tons by 2030, according to the company. “We believe their animal-free egg white products will play a significant role in transforming our food chain,” says Ryan Pandya, Perfect Day co-founder and CEO. Alternative alliance Onego Bio, which uses the same microflora platform used for Perfect Day’s alternative whey, aims to launch its first product  called Bioalbumen in the US as a food ingredient for the bakery segment and the confectionary industry as well  as a protein supplement for fitness products. To produce natural milk protein, Perfect Day and Onega Bio teams teach tiny organisms, or “microflora,” to create the milk protein by giving the digital version of the milk-making genetic blueprint of a cow to the flora. Perfect Day, earlier this year, opened a new facility in Utah to grow in the biotech space and continue its expansion efforts.An ISO compliant, third-party reviewed life cycle assessment (LCA) found that Perfect Day’s whey protein reduces blue water consumption by up to 99%, greenhouse gas emissions by up to 97% and non-renewable energy use by up to 60%, compared to conventional production methods, according to Perfect Day. At a later stage, Onego Bio plans to enter the consumer market with its own branded products for baking and cooking. The two companies will launch a new enterprise biology business named nth Bio. “The name nth Bio comes from the exponential impact we stand to have by bringing others along on our journey,” says Ryan Pandya, Perfect Day co-founder and CEO. “It’s our commitment to creating a kinder, greener tomorrow through collaboration – taken to the nth degree,” he explains. Perfect Day expansion The California company earlier this year, opened a new facility in Utah to grow in the biotech space and continue its expansion efforts. “Perfect Day has produced more animal-free whey protein in the first half of this year than it did in all of 2021 and has unlocked the capacity to produce thousands of metric tons starting next year through its four commercial-scale facilities around the world,” according to the business. Perfect Day is also expanding in India with a liquidation buy-off of Mumbai-based Sterling Biotech, acquiring two manufacturing plants in Gujarat and another in Tamil Nadu, aiming to reduce production costs and expand into the attractive Asia-Pacific market. Fermentation-based protein companies secured US$1.7 billion in investments in 2021. Edited by Marc Cervera

Perfect Day Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Perfect Day Rank

  • When was Perfect Day founded?

    Perfect Day was founded in 2015.

  • Where is Perfect Day's headquarters?

    Perfect Day's headquarters is located at 1485 Park Ave, Emeryville.

  • What is Perfect Day's latest funding round?

    Perfect Day's latest funding round is Series D.

  • How much did Perfect Day raise?

    Perfect Day raised a total of $723.24M.

  • Who are the investors of Perfect Day?

    Investors of Perfect Day include Horizons Ventures, Temasek, CPP Investments, SOSV, Bob Iger and 10 more.

  • Who are Perfect Day's competitors?

    Competitors of Perfect Day include Eclipse Foods, Mushlabs, Miyoko's Creamery, Motif FoodWorks, Nature's Fynd, VlyFoods, MyForest Foods, ChickP, Better Dairy, Geltor and 25 more.

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