ByHeart

the finished-product offtaker layer — a breast-milk-science-based, end-to-end infant-formula brand that has raised 395 million US dollars (including 95 million in May 2024), built two domestic manufacturing facilities in Portland, Oregon and Allerton, Iowa,…

Country
United States
Clean Label Project Certified FDA-registered facility
Coverage
CNEUUS
food-alt-protein
Regulatorsfdaefsa

Verifiable facts

FactValueSource
Funding$395 million total; $95 million in latest financing (May 13, 2024)pulse2.com · prnewswire.com
CapacitySufficient to feed approximately 500,000 infants annuallypulse2.com · foodnavigator.com · prnewswire.com
CertificationClean Label Project Certified (three-time)pulse2.com · prnewswire.com
Regulatory approvalReading, Pennsylvania facility is FDA-registeredfoodnavigator.com · prnewswire.com
Production siteReading, Pennsylvania; Portland, Oregon; Allerton, Iowabyheart.com · prnewswire.com
Revenue$380 million (as of 2024) medium confidenceprivco.com

Independent sources: foodnavigator.com · privco.com · prnewswire.com · pulse2.com

Technologies
NameClusterRisk
Precision-fermented infant formulafood-alt-proteinLow

Compiled by BIOECON from primary sources.

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