About Perfect Day
Perfect Day produces animal-free milk protein products. Its products include milk powder, cakes, ice creams, whey protein powders, and more. The company was founded in 2014 and is based in Berkeley, California.
ESPs containing Perfect Day
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The alternative dairy protein fermentation market is gaining attention due to its role in addressing sustainability and dietary preferences. It involves fermenting non-traditional sources of plant-based proteins, such as peas, soy, or algae, to create dairy alternatives like plant-based milk and yogurt. Alternative dairy protein fermentation provides solutions for individuals seeking healthier and…
Research containing Perfect Day
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Perfect Day in 6 CB Insights research briefs, most recently on Aug 9, 2021.
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).
Agriculture Technology (Agtech)
Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms
Companies involved in design and development of new biological parts, devices, and systems; as well as the re-design of existing biological systems.
Food & Beverage
Startups in the food & beverage space, including alternative proteins, vertically-farmed produce, functional beverages and more.
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.
Game Changers 2018
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 15 patents.
Sugar substitutes, Food additives, Nutrition, Milk, Potassium compounds
Sugar substitutes, Food additives, Nutrition, Milk, Potassium compounds
Latest Perfect Day News
Aug 31, 2023
Perfect Day revealed in July it was exploring a sale option for California-based The Urgent Company (TUC) in order to focus on supplying its animal-free whey protein to B2B partners. The company said at the time it would instead centre investment on biology innovation and its food-tech arm Nth Bio. Superlatus said in a statement it “aims to strengthen its leadership in producing sustainable food products,” such as plant-based snacks, meat- and dairy-alternatives. In June, the business acquired snacks-tech developer Sapientia Technology from plant-based manufacturer Eat Well Investment Group in Canada for $10m. In snacks, Superlatus said its focus is on the better-for-you category, with a range of private-label products already marketed to “300 federated cooperatives” in Canada. Post merger, TRxADE will “pivot its business focus and branding to become an industry-leading processing and forming technologies company that creates the latest generation of delicious, high nutrition, high taste and texture plant-based foods and snacks”, according to a statement announcing the Sapientia deal. “TRxADE plans to divest its existing operating business and assets shortly after the merger.” It currently describes itself as a “health services IT company focused on digitalising the retail pharmacy experience by optimising drug procurement, the prescription journey, and patient engagement in the US”. Announcing the TUC asset deal, Superlatus interim CEO Tim Alford said: “We are excited to welcome the Coolhaus, Brave Robot, Modern Kitchen and California Performance Co. brands to our portfolio of CPG assets. Together, our shared interest in the sustainable and equitable food sectors will, we believe, allow us to expand our market presence and pursue a number of new opportunities to grow our brands together.” TUC was set up in 2020 by former Glanbia and Aseptic Solutions executive Paul Kollesoff. He established the business alongside Ryan Pandya and Perumal Gandhi, the co-founders of Perfect Day. Brave Robot is an alternative ice-cream brand set alongside regular ice-cream peer Coolhaus, which TUC bought in 2021 with plans to take the company into animal-free. Modern Kitchen produces animal-free dairy, including cream cheese, while California Performance makes non-animal protein powders. As part of the acquisition, Natasha Case, the founder of Coolhaus, will rejoin as chief brand officer and an advisor to Superlatus. TUC co-founder Kollesoff, who revealed M&A ambitions to Just Food last year, said: “Bringing together our companies’ social and climate missions is deeply meaningful to us. This deal also directly speaks to the value The Urgent Company has created in the precision fermentation category and will help continue to satisfy the growing consumer appetite for these delicious, sustainable products.” Financial terms of the TUC transaction, which has yet to be fully finalised, were not disclosed. Superlatus added it plans to launch a “pulse protein snack” in the US next year under the Brave Robot brand. Share this article
Perfect Day Frequently Asked Questions (FAQ)
When was Perfect Day founded?
Perfect Day was founded in 2014.
Where is Perfect Day's headquarters?
Perfect Day's headquarters is located at 740 Heinz Avenue, Berkeley.
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, Bob Iger, SOSV, CPP Investments and 10 more.
Who are Perfect Day's competitors?
Competitors of Perfect Day include Zero Cow Factory, The EVERY Company, Formo, New Culture, Sproud, Better Dairy, All G Foods, New Roots, Eclipse Foods, Change Foods and 16 more.
Compare Perfect Day to Competitors
New Culture develops animal-free dairy products in lab-grown mozzarella. It offers products that use microflora to express dairy proteins and culture dairy products instead of using animals. The company was founded in 2018 and is based in San Leandro, California.
Better Dairy uses yeast fermentation to produce animal-free dairy. The company produces different kinds of cheese. It was founded in 2020 and is based in London, United Kingdom.
Kite Hill supplies plant-based foods such as non-dairy cheese, nut milk, yogurt, and more. The company was founded in 2013 and is based in Hayward, California.
VlyFoods develops plant-based products in order to accelerate the transition from animal to plant protein. VlyFoods was founded in 2018 and is based in Berlin, Germany.
Elmhurst Milked is a plant-based beverage company. Using a unique cold milling process called 'milking', Elmhurst crafts whole food, non-dairy milks that combine the full nutrition of whole ingredients with a creamy texture and flavor. The products contain none of the industrial stabilizers, whiteners, emulsifiers or gums typical of other brands – they are naturally creamy as a result of healthy oils and nutritious thanks to native nut and grain proteins. Elmhurst's process also allows for safe consumption over longer periods of time and the products boast a longer shelf life with no need to refrigerate before opening
Eclipse Foods makes dairy products from plants. The company's products include plant-based milk and plant-based ice cream. It was founded in 2018 and is based in Oakland, California.