In 2019, Perfect Day launched its ice cream brand Brave Robot made from non-animal whey protein under its subsidiary brand, The Urgent Company. In 2016, the company expanded into the business-to-business supply chain space and began selling protein products to food companies, including eventually ice cream manufacturers Graeter’s and N!ick’s. Headquartered in Berkeley, California, Perfect Day is a developer of animal-free dairy products, including ice cream, cheese and yogurt via fermentation. SK said it has also secured a board seat at Perfect Day with its latest investment. SK’s latest investment marks its second investment in Perfect Day following a 54 billion won investment in the company in October 2020. STIC will invest $40 million in the US company, while SK Inc. The two Korean companies said on Friday they are joining Perfect Day’s $350 million Series D funding round intended to fuel the US company’s expanded focus across biological engineering, ingredients and consumer products. SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion won ($55 million) in US alternative dairy maker Perfect Day Inc.
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