TurtleTree Labs
Latest round
- Seed
Last raised
- Nov 2020
Total raised
- $10M
Investors
- 6
About TurtleTree Labs
Founded in 2019 and headquartered in Singapore, TurtleTree Labs specializes in cellular agriculture, particularly lab-grown dairy products. The company was established by Fengru L, who has a background in biotechnology.91 mn, and it has completed 5 investment deals.TurtleTree specializes in innovative solutions within the biotechnology sector, focusing on cellular agriculture. The company's core offerings include lab-grown milk products, which utilize advanced cell-culturing techniques to replicate the nutritional profile of traditional dairy without the environmental impact associated with conventional dairy farming. These products address the growing consumer demand for sustainable and ethical food sources, aiming to reduce the ecological footprint of milk production while catering to health-conscious consumers. TurtleTree's products are designed for a diverse client base, including food manufacturers, retailers, and direct consumers, primarily in North America and Europe, where interest in sustainable food alternatives is rapidly increasing.TurtleTree's revenue structure is predicated on a B2B model, with the company engaging in partnerships with food manufacturers and retail chains to distribute its lab-grown dairy products. The transactions typically involve bulk orders of its trademarked offerings, with pricing models reflecting the innovative technology and sustainable practices behind the products. Clients are likely to enter into long-term contracts, ensuring a steady supply of TurtleTree's unique offerings while allowing for flexibility in pricing based on order volume. Additionally, the company may offer subscription-based services for regular delivery to its client base, optimizing inventory and ensuring product availability.TurtleTree Labs plans to expand its product offerings, focusing on new lab-grown dairy variants set to launch by the end of 2024. The company also aims to penetrate additional Asian markets, targeting regions with high dairy consumption, expanding its reach significantly.
Who invested in TurtleTree Labs
6 investors across 1 round
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Funding rounds
Seed
Nov 10, 2020
Amount
$10M
Investors
Questions about TurtleTree Labs
Who invested in TurtleTree Labs?
TurtleTree Labs has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has TurtleTree Labs raised?
TurtleTree Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did TurtleTree Labs last raise money?
TurtleTree Labs's most recent round on record is a Seed, in Nov 2020.
What does TurtleTree Labs do?
Founded in 2019 and headquartered in Singapore, TurtleTree Labs specializes in cellular agriculture, particularly lab-grown dairy products.
Where is TurtleTree Labs headquartered?
TurtleTree Labs is headquartered in Singapore, Singapore.
Which VCs invest in companies like TurtleTree Labs?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back food companies at TurtleTree Labs's stage. Their profiles are linked below.
VCs backing food startups at Seed
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