Private Equity PE-VC Fund Investments
Dairy alternatives startup 1.5 Degree raises $1-M led by 35North Ventures
Source 1.5 Degree (opens in a new tab)Entrackr (opens in a new tab)Click Here (opens in a new tab)
1.5 Degree , a Delhi-based startup focused on alternatives to dairy milk-based products, has raised USD 1 million in a pre-Series A round led by 35North Ventures’ India Discovery Fund II.Founded in 2022 by Anagh Goyal and Vedansh Goyal, 1.5 Degree supplies plant-based dairy and frozen dessert products to corporate cafeterias, hotels, educational institutions, and large dining operations. Its product portfolio includes plant-based milk, yogurt, tofu, cooking cream, gelatos, frozen desserts, smoothie yogurt bowls, and oat-milk-based beverages.The new funds will be used to scale manufacturing, expand institutional partnerships, and enter new cities including Mumbai, Pune, Bengaluru, Hyderabad, and Delhi.