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Perfect Day Foods

Perfect Day Foods

Perfect Day Foods (formerly Muufri) engineered yeast capable of producing the proteins found in cows milk. They use these proteins to make their own line of animal-free dairy products.

Perfect Day Foods (formerly Muufri) is based out of San Francisco, California, and was founded in 2014 by Ryan Pandya and Perumal Gandhi. Perfect Day Foods engineered yeast capable of producing the proteins found in cows milk. Strain engineers at Perfect Day Foods made this possible by introducing bovine DNA into yeast cells that make the desired milk proteins. They use these proteins to make their own line of animal-free dairy products. The company claims their animal-free dairy products taste the same as products made from cows milk. Products made by Perfect Day Foods are vegan friendly and include lactose-free milk, cheese, yoghurt and other dairy products.



In an interview Co-founder Perumal Gandhi told the press about what Perfect Day Foods is trying to accomplish, saying "We’re trying to make a Goldilocks product that is better than anything out there: something that has the best of dairy products but also the best of the alternatives". 



Funding

Seed

On September 30, 2014 Perfect Foods completed their seed funding round, raising $2,000,000 from Horizon Ventures. 

Series A

On February 27, 2018 Perfect Foods finished their series A funding round, raising $24,700,000 in funding. The primary investor was the Singapore state owned Temasek Holdings which invested 18,700,00 in Perfect days foods and the remaining $6,000,000 came from Horizons Ventures, Continental Grain, Iconiq Capital, Lion Ventures, and Verus International. 

Patents

Description
Status
Link
Date

Food compositions comprising one or both of recombinant beta-lactoglobulin protein and recombinant alpha-lactalbumin protein

Granted

8/21/2014

Food products comprising milk proteins and non-animal proteins, and methods of producing the same

Pending

8/25/2016



Timeline

February 28, 2018

Series A funding

On February 27, 2018 Perfect Foods finished their series A funding round, raising $24,700,000 in funding. The primary investor was the Singapore state owned Temasek Holdings which invested 18,700,00 in Perfect days foods and the remaining $6,000,000 came from Horizons Ventures, Continental Grain, Iconiq Capital, Lion Ventures, and Verus International. 

September 30, 2014

Seed funding

On September 30, 2014 Perfect Foods completed their seed funding round, raising $2,000,000 from Horizon Ventures. 

May 1, 2014

Founding of Perfect Day Foods

Perfect Day Foods is based out of San Fransisco and was founded in 2014 by Ryan Pandya and Perumal Gandhi.

People

Name
Role
LinkedIn

Anita Setiawan





Arun Vudem





Bala Ramesh, Ph.D.





Beth Lindahl





Bill Liao

Advisor



Bonney Oommen, Ph.D.





Brian Darst





Clay Horiuchi, Ph.D.





Daniel Goodman





Frances Kang

Board member



Greg King





Han Chen





Heather Jensen, Ph.D.





Hendrik Meerman, Ph.D.





​Isha Datar

Board member



Jacob Shiach

Advisor



Jon Glicksberg





Kumkum Tirumalasetty





Marian Spector





Michael Saad





Neal Oliver





Perumal Gandhi





Perumal Gandhi

Board member



Rachel Doolittle





Ravi Jhala





Further reading

Title
Author
Link
Type
Date

Beyond Milk: Perfect Day Innovating with Animal-Free Dairy - BevNET.com

Brad Avery





Perfect Day CEO talks vegan dairy: 'I would call them animal free dairy proteins, but people might fight me on that'

foodnavigator-usa.com





The Milk of the Future Could Be Made Without Cows

Whitney Filloon





These Vegan Dairy Products Are Made From Milk–There Just Aren’t Any Cows Involved

Jessica Leber





This start-up wants your next glass of milk to be man-made (and taste real)

Deborah Findling





This Startup Is Making Cow-Free Cow’s Milk Because Vegan Ice Cream Sucks

Kaleigh Rogers





This Startup Is Making Milk Without Cows

Gillie Houston





Documentaries, videos and podcasts

Title
Date
Link

Changing the Dairy Industry by Perfect Day

December 5, 2017

Green Challenge 2015: Pitch by runner-up Ryan Pandya. Muufri

September 21, 2015

Is Lab-Created Cow Milk Better Than Vegan Soy & Almond?

September 25, 2016

Perfect Day animal-free milk ‘What do we call it?

November 7, 2016

Companies

Company
CEO
Location
Products/Services









References