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BIOMILQ

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Leverages breakthrough mammary biotechnology platform to produce human milk and other products for human health

Durham, United StatesFounded 2019Biotech & Life Sciences
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About BIOMILQ

BIOMILQ, a mammary biotechnology company, was established in Durham, North Carolina, in 2020. The company was co-founded by Michelle Egger, a food scientist, and Dr. Leila Strickland, a cell biologist. Dr. Strickland's journey into this venture was deeply personal, sparked by her own challenges with breastfeeding and inspired by the creation of the first lab-grown burger in 2013. This led her to explore using cell culture to produce milk outside the body. Michelle Egger brought her expertise from roles at General Mills and the Bill & Melinda Gates Foundation, where she focused on nutrition and social impact. The two were introduced by a mutual friend, uniting their shared passion for solving malnutrition through science.

The company's core business revolves around producing human milk components from cultured mammary cells in a lab setting. Using a patent-pending technology, BIOMILQ cultivates mammary epithelial cells in bioreactors that mimic the conditions inside the human body, stimulating the cells to secrete milk components. This process aims to create a product that is nutritionally closer to human breast milk than traditional bovine-based infant formula, providing a new supplemental feeding option for families. The target clients are parents who are unable to breastfeed or seek alternatives to infant formula for various reasons, including medical challenges, low milk production, or lifestyle choices. The business model appeared to be focused on a direct-to-consumer approach initially, with the potential for the product to be supplied as a liquid or a powder. The company's work was positioned to disrupt the multi-billion dollar infant formula market by offering a product with a lower environmental footprint compared to dairy-based formula.

BIOMILQ successfully produced the world's first cell-cultured human milk outside of the breast in June 2021, a significant milestone demonstrating that their product contained macronutrient profiles closely matching those in human milk, including proteins, complex carbohydrates, and bioactive lipids. The company secured substantial financial backing, raising a total of $24.5 million over two funding rounds. A seed round in June 2020 brought in $3.5 million, led by Breakthrough Energy Ventures, an investment firm founded by Bill Gates. This was followed by a $21 million Series A round in October 2021, co-led by Novo Holdings and Breakthrough Energy Ventures. However, the company later faced significant challenges. In January 2025, BIOMILQ filed for bankruptcy, citing that a protracted intellectual property dispute had rendered the firm "uninvestable and unacquirable." Prior to this, the company had pivoted from producing whole cultured milk to focusing on high-value bioactive components found in breastmilk.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Durham, United States
Employees
3
Open positions
None listed
Dealroom signal
65.5/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Pregnancy, Biotechnology, Cellular, Nursing, Femtech, Alternative Protein, Sustainable Development Goals, Dairy Substitute, Lab-Grown
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Oct 2021 $21M $84M Novo Holdings · Spero Ventures · Blue Horizon · Breakthrough Energy Ventures —
SEED✓Equity / VC Jun 2020 $3.5M $14M Breakthrough Energy Ventures · Shazi Visram · Blue Horizon —
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Growth signals

BIOMILQ website traffic

Latest recorded traffic for BIOMILQ is 580 monthly website visits, down 93.1% over the last three months. BIOMILQ's team declined 25% over the past year.

Latest monthly visits580 3-month web change-93.1% 1-year team growth-25%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

9 investors on the cap table

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

Seed3 investors entered at this stage

  • Breakthrough Energy Ventures
  • Shazi Visram
  • Blue Horizon

Series A3 investors entered at this stage

  • Novo Seeds
  • Novo Holdings
  • Spero Ventures

Other known investors3 additional known investors

  • Digitalis Ventures
  • Green Generation Fund
  • Purple Orange Ventures
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about BIOMILQ 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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