Cult Food Science Corp. (TSE:CULT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Cult Food Science Corp. celebrates the $1.5 million seed funding success of its venture arm De Novo Foodlabs, which is set to expedite the commercial launch of NanoFerrin™, a sustainable and ethical alternative to bovine lactoferrin. The investment, led by Joyful Ventures, boosts De Novo’s total capital to $4 million, supporting the push of its animal-free product into the U.S. market.
For further insights into TSE:CULT stock, check out TipRanks’ Stock Analysis page.