Paris-based precision fermentation startup, Standing Ovation, has raised €30 million ($34.2 million) in a Series B round, led by the Ecotechnologies 2 fund managed by Bpifrance under France’s France 2030 initiative and Crédit Mutuel Innovation, alongside existing investors Astanor, Bel Group, Seventure Partners, GoodStartUp, and Big Idea Ventures. The Series B will fund the US commercial rollout in 2026, with Europe and Asia from 2027 pending regulatory approvals. The company's flagship product is Advanced Casein, a casein protein produced not from cows but through precision fermentation of dairy side-streams. An independent assessment found that the process delivers a 74% reduction in CO₉ emissions, a 99% decrease in land use, and a 68% reduction reduction in water consumption compared to conventionally produced animal casein.