# Daisy Lab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/daisy-lab

- Industry: Food
- Headquarters: Auckland, New Zealand
- Website: www.daisylab.co.nz
- Total disclosed funding: $0.8M
- Latest round: Seed (Oct 13, 2022)
- Investors on record: 4

## About

Based in Auckland, New Zealand, and founded in 2021, Daisy Lab Limited provides microbes to produce dairy proteins. The company was founded by Irina Miller, Dr. Nikki Freed, and Emily McIsaac. In October 2022, Daisy Lab Limited raised USD 1.5 million in Seed funding from investor Westpac NZ Government Innovation and in March 2023, the firm raised NZD 1.5 million in Seed funding from Icehouse Ventures, including Outset Ventures, The Values Trust, Even Capital, K1W1, and Sustainable Food Ventures.

The company offers research and development of precision fermentation food technology. In the precision fermentation microorganism are trained to produce an array of different things. An example of precision fermentation is human insulin and in the food industry, it is used for cheese manufacturing, which uses fermentation-based rennet.

The company plans to use the March 2023 funding to expand production of its microbial whey protein and to carry on with research and development.

## Funding rounds

- Seed, Oct 13, 2022, $0.8M — Icehouse Ventures, Even Capital, The Values Trust, Outset Ventures

## Investors

- Icehouse Ventures (https://capitalatlas.ai/funds/icehouse-ventures) — Seed
- Even Capital (https://capitalatlas.ai/funds/even-capital) — Seed
- The Values Trust — Seed
- Outset Ventures (https://capitalatlas.ai/funds/outset-ventures) — Seed