FoA 319: Cell-Based Milk with Fengru Lin of TurtleTree

Thank you to our quarterly presenting sponsor: www.CalgaryAgBusiness.comTurtleTree: https://turtletree.com/"From Farms to Incubators" https://bookshop.org/books/from-farms-to-incubators-women-innovators-revolutionizing-how-our-food-is-grown/9781610355759 Joining us on today’s episode is Fengru Lin, co-founder of TurtleTree, which is based in both Singapore and California. The company describes itself as “a biotech company dedicated to producing a new generation of nutrition—one that’s better for the planet, better for the animals, and better for people everywhere. Utilizing its proprietary, cell-based technology, the company is creating better-for-you milk ingredients sustainably and affordably, with benefits that extend beyond the dining table and into the heart of humanity.”When I first heard this description I was highly skeptical about their ability to compete with what I know is a very efficient dairy industry. But what I learned from Fengru shed a lot of light on where companies like TurtleTree still have a place in the future of agriculture. In my opinion, that includes cultivating high value proteins for things like ingredients and supplements and pharmaceuticals. Another aspect I find very valuable about what TurtleTree is doing is trying to close the gap between infant formula and real human breast milk. We’ve seen issues with formula supply chains recently, and TurtleTree’s approach can apply to all forms of milk, including human milk. This is the fifth and final episode in the series I’ve been doing over the past year with Amy Wu who is the author of the book “From Farms to Incubators: Women Innovators Revolutionizing How Our Food is Grown”. Amy is passionate about featuring women leaders in agtech and I have been glad to share that passion with her and all of you by featuring Joanne Zhang in episode 263, Ponsi Trivisvavet in episode 273, Shely Aronov in episode 290, Ros Harvey in episode 304, and of course Fengru today. I highly encourage you to purchase a copy of Amy’s book, as it not only includes these guests but also several other former guests of this podcast: like Pam Marrone, Fatma Kaplan, Sarah Nolet, Mariana Vasconcelos, Christine Su, and others. Alright, let’s get to our featured conversation with Fengru Lin, co-founder and CEO of TurtleTree - and yes, we are going to ask her where the company name came from. Since founding the company in 2019, TurtleTree has become a top player in the alternative protein industry with $40 million in startup funding. Fengru is an alumna of Singapore Management University where she studied Information Systems Management and Marketing. Before starting TurtleTree, she held positions with Google and Salesforce.