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Standing Ovation receives €1.83m in financing

FoodBev Media 2022-11-08
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Standing Ovation has received €1.83 million in financing from French public investment bank, Bpifrance, to support its Ferment2From project.

Founded in 2020, Standing Ovation creates non-animal, lactose-free products based on casein produced using precision fermentation.

The company’s aim for its Ferment2From project is to develop its knowledge around the use of precision fermentation-made casein in cheese applications. Standing Ovation is looking to diversify its offering and move towards new product ranges with higher added value.

Frédéric Pâques, president of Standing Ovation, commented: “At Standing Ovation, we contribute to the dynamics of the food transition towards more resilience and sustainability”.

“We are proud of the trust placed in us by Bpifrance, whose support is a true recognition of our know-how and of our potential for innovation in the food transition field.”

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