COMPANY INFO
Perfect Day, Inc. is a biotechnology and food technology company founded in 2014 by Isha Datar, Ryan Pandya, and Perumal Gandhi, headquartered in Berkeley, California. The company produces animal-free dairy proteins through fermentation processes that are nutritionally identical to those found in cow's milk, offering sustainable and compassionate alternatives to traditional dairy products, and employs around 250 people.
Perfect Day, Inc. is a pioneering biotechnology company founded in 2014 and headquartered in Berkeley, California. Co-founded by Isha Datar, Ryan Pandya, and Perumal Gandhi, the company leverages precision fermentation to produce animal-free dairy proteins that are nutritionally identical to those found in cow's milk. Operating in the biotechnology and food technology industries, Perfect Day offers sustainable and compassionate alternatives to conventional dairy products and employs approximately 101-250 people.
Perfect Day, Inc. funding has been robust and strategic, enabling the company to expand its innovative animal-free dairy protein production and scale its technology globally. Over the course of 10 funding rounds, Perfect Day has raised approximately $750 million. The company has attracted top-tier investors, including major venture capital firms and institutional investors, to support its mission of replacing traditional dairy with more environmentally friendly alternatives. Its funding history includes substantial Series C and D rounds, grant support during its early years, and participation from high-profile angel investors. This capital has fueled research, product development, market entry, and global scaling, cementing Perfect Day’s role as a leader in sustainable food tech.
This latest Series E round is dedicated to driving Perfect Day’s next stage of growth and expansion into new markets, further developing its animal-free dairy protein platform.
Funds from this Series D round were allocated to continued product development, enhancing manufacturing capabilities, and supporting the company’s scaling initiatives.
A significant Series D investment enabled major market expansion, the scaling of operations, and supporting Perfect Day’s push for global reach. The round saw participation from some of the company’s largest institutional backers.
This round primarily supported advanced product development and initial market growth, with funding routed toward improving production efficiency and expanding the company’s customer base.
Raised to accelerate growth and extend Perfect Day’s market reach, these funds supported the commercialization and wider adoption of the company’s animal-free dairy products.
This Series B round focused on scaling operations and refining Perfect Day’s precision fermentation products.
Series A funding jump-started Perfect Day’s product development and early market entry, setting the stage for subsequent large-scale rounds.
A Green Challenge grant provided vital early-stage support for research and development, enabling the foundational work that led to later breakthroughs.
Seed funding from Horizons Ventures was used for product concept development and the initial phase of business operations.
IndieBio accelerator seed funding assisted with early product development, giving Perfect Day the resources to refine their foundational technology.
CPP Investments is a global investment management organization that has supported Perfect Day in multiple funding rounds, most notably leading both Series C and D rounds. Their backing contributed significantly to the company’s international scaling and product development efforts.
Temasek, a Singapore-based global investment firm, has played a pivotal role in several Perfect Day funding rounds, including Series A, C, and D, supporting the company’s growth trajectory and innovation in food tech.
As an angel investor and prominent media executive, Robert Iger’s participation in the Series D round brought not just capital, but strategic visibility and credibility to Perfect Day’s mission.
Horizons Ventures, known for investing in disruptive technologies, has been a key backer since early seed rounds and continued to invest in later stages, fueling Perfect Day’s growth and tech development.
SK Group, a South Korean conglomerate, participated in major funding rounds to help support Perfect Day’s commercial scaling and market expansion in Asia.
A global investment firm specializing in food and agriculture, Continental Grain Company participated in the Series A round, providing expertise and connections in the industrial food sector.
Iconiq Capital, a private investment firm, contributed to Perfect Day’s Series A round, supporting early growth and the company’s entry into commercial markets.
Lion Venture Partners participated in the Series A round, providing early venture capital to boost Perfect Day’s initial product development.
Joining as a Series A investor, Verus International provided resources and support during Perfect Day's early-stage market launch.
This organization awarded Perfect Day an early grant (prize money) that allowed vital R&D work during the company’s formative years.
IndieBio supported Perfect Day in its earliest days with seed funding and accelerator resources, empowering innovation and proof-of-concept realization.
An institutional investor involved in investment rounds, supporting Perfect Day’s venture-driven funding strategy.
This venture capital firm has supported Perfect Day’s broader investment strategy across rounds.
B Capital Group has played a role in later funding stages, helping the company scale and expand internationally.
Participating in investment rounds, Cambium Grove Capital has contributed to Perfect Day’s overall funding capacity.
Essential Capital (New York) is among the investors contributing to various rounds in support of Perfect Day’s biotechnology innovations.
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