# 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,…

Source: https://en.bioecon.ru/companies/byheart/
Updated: 2026-08-15

- Country: United States

## Verifiable facts

| Fact | Value | Source |
| --- | --- | --- |
| Funding | $395 million total; $95 million in latest financing (May 13, 2024) | https://pulse2.com/byheart-infant-nutrition-company-raises-95-million/, https://www.prnewswire.com/news-releases/byheart-announces-95m-in-new-financing-on-the-heels-of-rapid-growth-and-the-completion-of-its-end-to-end-manufacturing-furthering-its-commitment-to-transforming-the-infant-formula-industry-302143522.html |
| Capacity | Sufficient to feed approximately 500,000 infants annually | https://pulse2.com/byheart-infant-nutrition-company-raises-95-million/, https://www.foodnavigator.com/Article/2023/01/30/byheart-to-triple-its-production-of-infant-formula-with-facility-acquisitions/, https://www.prnewswire.com/news-releases/byheart-acquires-additional-domestic-infant-formula-manufacturing-facility-tripling-its-supply-capacity-and-continuing-to-fortify-formula-production-in-the-us-301729737.html, https://www.prnewswire.com/news-releases/byheart-announces-95m-in-new-financing-on-the-heels-of-rapid-growth-and-the-completion-of-its-end-to-end-manufacturing-furthering-its-commitment-to-transforming-the-infant-formula-industry-302143522.html |
| Certification | Clean Label Project Certified (three-time) | https://pulse2.com/byheart-infant-nutrition-company-raises-95-million/, https://www.prnewswire.com/news-releases/byheart-announces-95m-in-new-financing-on-the-heels-of-rapid-growth-and-the-completion-of-its-end-to-end-manufacturing-furthering-its-commitment-to-transforming-the-infant-formula-industry-302143522.html |
| Regulatory approval | Reading, Pennsylvania facility is FDA-registered | https://www.foodnavigator.com/Article/2023/01/30/byheart-to-triple-its-production-of-infant-formula-with-facility-acquisitions/, https://www.prnewswire.com/news-releases/byheart-announces-95m-in-new-financing-on-the-heels-of-rapid-growth-and-the-completion-of-its-end-to-end-manufacturing-furthering-its-commitment-to-transforming-the-infant-formula-industry-302143522.html, https://www.prnewswire.com/news-releases/byheart-celebrates-the-fda-registration-of-their-reading-pennsylvania-facility-becoming-the-first-new-infant-formula-manufacturer-in-the-us-in-over-15-years-301534863.html |
| Production site | Reading, Pennsylvania; Portland, Oregon; Allerton, Iowa | https://byheart.com/pages/careers, https://www.prnewswire.com/news-releases/byheart-announces-95m-in-new-financing-on-the-heels-of-rapid-growth-and-the-completion-of-its-end-to-end-manufacturing-furthering-its-commitment-to-transforming-the-infant-formula-industry-302143522.html |
| Revenue | $380 million (as of 2024) [medium confidence] | https://www.privco.com/company/byheart |

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

## Technologies

- [Precision-fermented infant formula](https://en.bioecon.ru/technology/precision-fermented-infant-formula/)