CPP Investments led an expansion of Series C round for Perfect Day to $300m.

Temasek-led a $140m Series C funding round in Perfect Day, an animal-free dairy products company. “In 2019, we showed that our manufacturing process works robustly at commercial scale. We were able to demonstrate with our ice cream launch—which sold out in a single day—that flora-based protein delivers on the dairy experience, and that people are excited about what we’re doing. Our focus in 2020 will be manufacturing and commercializing the protein in multiple continents, through multiple partnerships spanning different dairy product categories,” Ryan Pandya, Perfect Day CEO and Co-Founder. The Series C of Perfect Day was expanded to $300m led by Canada Pension Plan Investment Board and supported by Temasek and Horizons Ventures.