CHRYSTAL CAPITAL INTRODUCES FO AND UHNWI CO-INVESTORS INTO A SECONDARY PLACING OF REMILK, ALONGSIDE RAGE CAPITAL
Chrystal Capital Partners LLP (“Chrystal”), a Mayfair-based corporate finance and investment house, is pleased to announce that it has brought members of its family office and UHNWI network into Remilk, a leading precision fermentation company crafting real dairy without a single cow. The investment will be managed by Rage Capital.
“Our co-investment and secondary platform is based on the ability to source and work closely with top tier GPs globally. This is demonstrated by this latest transaction with Rage Capital who have a demonstrable track record in the alternative proteins space. I would encourage investors who are open to the idea of having a strong GP alongside them and who want global access to deal flow to come forward to speak to the Chrystal Capital team.”
About Remilk
Remilk is a precision fermentation company that modifies yeast microorganisms to synthesize the proteins found in cow's milk, primarily whey and casein - unlocking the $800B+ dairy market. Precision fermentation is the process of genetically engineering microorganisms (in this case, yeast strains) to stimulate them to produce pure molecules, as has been done in pharma for decades.
Dairy crafted Remilk’s way is a breath of fresh air, with its production process emitting up to 97% less greenhouse gases! It also requires an estimate of around 1% of the land, 4% of the feedstock and less than 10% of the water compared to traditional dairy production - with zero animals harmed.
Remilk has achieved best-in-class yeast titers (or yield) within less than 3 years, a tremendous feat that is further corroborated by customers' positive reviews of the company's proteins.
For more information, see www.remilk.com.
About Chrystal Capital
Chrystal Capital is a corporate finance and investment house with an established global network of Single Family Offices, Ultra High Net Worth Individuals and private equity co-investment partners. We act as a conduit between our network members, providing bespoke solutions for their capital and investment objectives.
For more information, see www.chrystalcapital.com.
About Rage Capital
Rage Capital is a specialist venture capital firm based in New York, investing in cutting edge technology to change the way we eat, live and interact with our planet. Other investments in its portfolio include Blue Nalu, Motif, Ripple, Reef, Future Farm and Splendid Spoon.
For more information, see www.rage-capital.com.
For further information please contact:
James Innes Managing Partner