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Better Dairy

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Animal-free dairy products using precision fermentation technology

London, United KingdomFounded 2019Food
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Better Dairy and the history behind them.

About Better Dairy

Better Dairy is a food technology company headquartered in London, United Kingdom, that creates animal-free dairy products. The company was founded in January 2020 by Jevan Nagarajah (CEO) and Dr. Christopher Reynolds (CTO), who met through the Entrepreneur First program. Nagarajah has a background in investment banking and over 15 years of experience in the tech industry, including roles at Rocket Internet and SumUp, and previously founded a cloud kitchen startup. His interest in the intersection of food and technology led him to explore precision fermentation as a solution to the unsustainable practices of the traditional dairy industry.

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The company utilizes precision fermentation to produce dairy products that are molecularly identical to their traditional counterparts without involving animals. This process involves genetically engineering microorganisms like yeast, which are then cultivated in fermenters with water and sugars to produce specific dairy proteins, such as casein. This core technology allows Better Dairy to create cheeses, yogurts, and ice creams that replicate the taste, melt, stretch, and texture of conventional dairy. The resulting products are free from lactose, antibiotics, and hormones. The company reports its method reduces greenhouse gas emissions and water usage by over 90% compared to traditional dairy farming.

Better Dairy operates on a business-to-business (B2B) model, with plans to supply its animal-free proteins to existing food manufacturers and cheesemakers. The company is starting with high-value proteins like casein for cheese production and bioactive proteins like Osteopontin, which has applications in infant and adult nutrition. Since its founding, Better Dairy has raised over $24 million in funding, including a £1.6 million seed round in December 2020 and a $22 million Series A round in February 2022. Key investors include Happiness Capital, CPT Capital, Stray Dog Capital, Redalpine, and Vorwerk Ventures.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
London, United Kingdom
Employees
28
Open positions
None listed
Dealroom signal
64.2/100
Sub-industry
Innovative Food
Sector
Food, Biotechnology, Synthetic Biology, Alternative Protein, Sustainable Development Goals, Dairy Substitute, Fermentation, Climate Tech, Hard Tech
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b, b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing Oct 2024 $162K — UK Research and Innovation —
SERIES A✓Equity / VC Feb 2022 $22M $88M Acequia Capital · Stray Dog Capital · Manta Ray Ventures · Vorwerk Ventures ↗
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Growth signals

Better Dairy website traffic

Latest recorded traffic for Better Dairy is 420 monthly website visits, up 250% over the last three months. Better Dairy's team grew 3.7% over the past year.

Latest monthly visits420 3-month web change+250% 1-year team growth+3.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

15 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • Entrepreneurs First
  • Happiness Capital
  • CPT Capital
  • Veg Capital
  • Stray Dog Capital
  • UK Research and Innovation

Series A5 investors entered at this stage

Other known investors4 additional known investors

  • Tech Nation
  • MK Venture Capital
  • StartLife
  • Unreasonable Group
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇬🇧 United Kingdom80.8%
🇺🇸 United States11.5%
🇩🇪 Germany3.9%
🇨🇭 Switzerland3.9%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Better Dairy on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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