Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, announced that its portfolio company TurtleTree, has opened a 24,000 square-foot R&D facility in the Sacramento region in California.
TurtleTree is a Singapore-headquartered biotech company that is using cell-based technologies to create sustainable food and dairy. The high-tech facility will be home to TurtleTree’s cutting-edge, precision fermentation technology for the production of the valuable milk ingredient lactoferrin, furthering TurtleTree’s objective of building a sustainable food supply chain.
“This expansion in the U.S. is a very exciting development for TurtleTree,” Eat Beyond CEO Michael Aucoin said. “This marks a significant stride towards bringing consumer-ready cell-based milk and dairy products and ingredients closer to reality. The region has dozens of food and ag-tech research, production, and distribution companies, and a wide array of talent to help to drive TurtleTree’s continued success.”
Functioning as a research hub, the R&D facility will also serve as an integral touchpoint for TurtleTree to connect and collaborate with educational institutions, research-focused partners, strategic partners, future customers, and investors. West Sacramento also offers market access and proximity to the world-renowned food and agricultural research of UC Davis and West Sacramento’s Global Food Industry Hub.