Standing Ovation Raises $34.2 Million for Large-Scale Marketing of Revolutionary Technology Aimed at Producing Precision Fermentation Dairy Proteins, Answering Global Demand Explosion
PARIS, March 31, 2026 – Standing Ovation, specializing in precision fermentation protein production, announces a $34.2 million Series B funding round, with $28.5 million in equity led by the Ecotechnologies 2 fund, managed by Bpifrance on behalf of the French state under France 2030, and Crédit Mutuel Innovation among its historical investors, and complemented by $5.7 million in non-dilutive financing.
The funds, following a previous $16 million Series A round, will fuel the commercialization of Standing Ovation’s proteins in the U.S. and expansion to Europe and Asia. The presence of two French agri-food industry leaders, Groupe Bel and Danone, confirms the long-term value proposition of Standing Ovation. The company’s precise fermentation process transforms dairy whey into highly sought-after casein proteins. Standing Ovation’s technology significantly reduces pressure on global resources, such as a drastic 74% reduction in greenhouse gas emissions compared to animal casein.
Actor in the Food Transition, Standing Ovation develops a model that reconciles the interests of farmers and agri-food industry players. Farmers benefit from recycling industrial effluents, tapping into a new market, while industrial players gain access to a crucial protein source to meet increasing global demand for dairy products. Standing Ovation’s new resource also supports their necessary decarbonization efforts. These reasons explain the financial and industrial partnership with Groupe Bel since 2022, and now with Danone.
Acknowledgements: Yvan Chardonnens, President, and Romain Chayot, Co-Founder and CEO of Standing Ovation mentioned, “We thank our investors for their trust and commitment. The support of industry champions like Groupe Bel and Danone, along with our industrial partners, confirms the alignment on Standing Ovation’s patented technology. Our ambition: to open a new path for circular and sustainable protein production to meet the growing global demand.”
Fact Check notes: – Standing Ovation secured a $34.2 million Series B funding round for large-scale marketing of its precision fermentation dairy proteins. – The company’s revolutionary technology transforms dairy whey into high-quality casein proteins. – The funding aims to accelerate commercialization in North America with plans for expansion in Europe and Asia. – Investors include Ecotechnologies 2, Bpifrance, Crédit Mutuel Innovation, Groupe Bel, Danone, and several others. – The development aligns with the French state’s investment objectives under France 2030.
