BERKELEY, CALIF. – A series D funding round has added $350 million in funding for Perfect Day, Inc. to expand its business. The funding will be used to support current operations as well as create an “enterprise biology” arm of the company that will provide technology development services.

The latest funding round brings Perfect Day’s total to $750 million.

“We first got into the ingredient business because food companies, big and small, were eager to work with the ingredients we had successfully scaled,” said Perumal Gandhi, co-founder of Perfect Day. “Today, something analogous is happening on the technology side. There are innovators all over the world with ideas and ambitions similar to our animal-free milk protein, but need help getting there. We’re standing up business models to be able to share our demonstrated capabilities in a way that maximizes upsides for all, yet ensures that Perfect Day remains at the…

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