Earth First Food Ventures launches US$10M series A funding to boost dairy alternatives

IRELAND – Earth First Food Ventures (EFFV), a venture capital platform focused on ESG/impact in plant-based innovations, has launched of a US$10 million Series A funding round through tokenization, with the goal of expanding its portfolio in the alternative dairy sector.

The initiative will also help establish a US$50 million fund dedicated to “The Future of Dairy from Precision Fermentation” and support the growth of the company’s team.

EFFV’s innovative approach to investment is being facilitated through the Securitize platform, a leading blockchain-based platform for tokenizing real-world assets, which aims to make investment opportunities in disruptive food technologies more accessible.

 “We are thrilled to begin our Series A round on the Securitize platform. This will strengthen our position as leaders in scaling ‘Dairy without the Cow’ in collaboration with global strategic partners,” Brian Ruszczyk, co-founder and CEO of EFFV.

 “The industry faces a projected deficit of 20-30 million tons by 2030, representing a $60-90 billion market gap. Our solution is ‘Dairy without the Cow.’”

The platform enables accredited investors in both the US and international markets to purchase tokens, with a minimum investment of US$100,000, subject to Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.

Investors can subscribe to EFFV’s shares through the Securitize platform or directly via the EFFV website (Ticker: EFFV). The tokenization of assets allows investors to diversify their portfolios with sustainable investments in synthetic biology, particularly alternative proteins.

 “Our platform enables a wider range of individuals to invest smaller amounts, such as $100,000 instead of US$1,000,000. This democratizes access to impactful investment opportunities, aligning with our mission of transforming the dairy industry,” Ruszczyk emphasized.

Based in Dublin, Ireland, EFFV focuses on Environmental, Social, and Governance (ESG) investments and climate capital.

It has already partnered with notable companies, including the US-based alt-milk company Strive Nutrition and precision fermentation startup The EVERY Co.

EFFV’s Series A round follows a US$3 million seed round led by Greek family offices and aims to further its leadership in the “Dairy without the Cow” sector.

As the alternative protein market is projected to reach US$290 billion by 2035, driven by growing consumer demand for sustainable food solutions, the precision fermentation industry is set to play a key role.

While the technology to produce whey and casein proteins through precision fermentation is still developing, Ruszczyk believes that price parity with traditional dairy is achievable.

 “The mission of EFFV is to scale up the infrastructure and manufacturing capacity required to make bio-identical bovine whey a commercially viable reality,” he concluded.

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