Climate Venture Capital Fund invests in New Zealand's Teiny, a sustainable oat milk powder
Climate Venture Capital Fund (CVCF) has announced a strategic investment in Teiny, a New Zealand-based startup pioneering the development of a nutritionally complete oat milk powder. The investment marks a significant step forward in the search for sustainable and environmentally friendly food alternatives.
Teiny's oat milk powder is designed to provide consumers with a convenient and nutritious option for their daily dairy needs. The product is crafted using a proprietary process that ensures a high level of protein, essential vitamins, and minerals, making it a viable substitute for traditional dairy milk.
"We are thrilled to support Teiny's groundbreaking work in creating a sustainable and nutritious oat milk powder," said Dr Jez Weston, a partner at Climate Venture Capital Fund. "The global demand for plant-based alternatives is growing rapidly, and Teiny's innovative approach offers a compelling solution. By reducing the environmental impact of dairy production, we can contribute to a more sustainable future."
The investment in Teiny aligns with CVCF's mission to invest in companies that are driving positive environmental and social change. As a leading venture capital firm focused on climate-tech, CVCF seeks to support startups that are developing innovative solutions to address the climate crisis.
Teiny's founders, Emma Arvidson and Renee Tauwhare, expressed their gratitude for the investment from CVCF. "We are excited to partner with CVCF to bring our oat milk powder to market," said Arvidson. "Their expertise in the climate-tech space will be invaluable as we scale our operations and expand our reach."
The investment in Teiny comes at a time when consumers are increasingly seeking plant-based alternatives to traditional dairy products. The demand for oat milk, in particular, has surged in recent years due to its creamy texture, mild flavor, and environmental benefits.
By offering a nutritionally complete oat milk powder, Teiny aims to cater to the growing preferences of health-conscious consumers who are looking for convenient and sustainable food options. The product is expected to be available for purchase in select markets later this year.
As Teiny continues to develop and expand its product line, CVCF remains committed to supporting the company's growth and success. The investment is a testament to the potential of plant-based alternatives to revolutionize the food industry and contribute to a more sustainable future.
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