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Danone Invests in Wilk Technologies

04/11/2023

Danone Manifesto Ventures, a subsidiary of Danone, a multinational dairy and food manufacturer has invested in Wilk Technologies based in Israel.  This publicly quoted Company was established in 2020 and produces cell cultured human and animal milk.  In announcing the transaction, Danone stated, "as a global leader in our categories, we are always exploring new and emerging technologies.  Wilk's expertise is relevant to our dairy, plant-based specialist nutritional offerings".

A recent investment of $450,000 in Wilk by Stakeholders Foods presumes an equity value of $18 million for the Company.