![]() ![]() The funding round was led by Ahren Innovation Capital and CPT Capital with participation from ADM Ventures and several other investors. In late 2021, New Culture raised $25 million in Series A funding. Pinner is a member of the companys Executive Council. Ian Pinner, ADM’s senior vice president, Strategy and Innovation, said, ADM is a global leader in the fast-growing alternative protein segment, and we’re excited to continue to expand our capabilities, whether through investments like our Decatur production expansion, acquisitions like Sojaprotein, the launch of Scale Up Bio in Singapore. With a busy corporate agenda that seemed, Ian says, to involve lots of time in hotel. Ian Pinner Email & Phone Number Senior Vice President, Chief Strategy and Innovation Officer and President Health and Wellness Archer Daniels Midland Company. Previously, Pinner was president of ADM’s Grain group. Pinner will also lead ADM’s annual business planning process. Living in Singapore and traveling between, offices, hotels and factories, he nevertheless felt that his fitness was suffering as he took on a series of new roles and challenges. Ian Pinner has been named vice president, Corporate Strategic & Financial Planning, a new position created to help develop and drive ADM’s corporate strategic growth plan and its business performance plans. “This partnership between New Culture and ADM gives our team the chance to accelerate our path to commercialization and expand what’s possible for our product portfolio,” said Matt Gibson, president and chief executive officer for New Culture. Ian Pinner is senior vice president, strategy and innovation, at ADM. Run Ian, Run In 2016, Ian Pinner’s ADM career was taking him around the world. ADM also will provide resources to help New Culture expand the use of its animal-free casein into a wider product array. The company’s cheeses are formulated with animal-free casein, water, plant-based fat, sugar, vitamins and minerals, according to the company.Īs part of the collaboration, ADM is planning to bring New Culture’s mozzarella to pizzerias starting in 2023. NO SOONER had he landed back in Australia from Europe, Archer Daniels Midlands (ADM) grains boss Ian Pinner hit the ground running last week with a well-oiled sales pitch for. “After tasting New Culture’s delicious animal-free mozzarella, we recognized that the company had the potential to play a central role in bringing great-tasting, breakthrough products to the dairy aisle,” said Ian Pinner, senior vice president of strategy and innovation for ADM.ĭeveloped with precision fermentation techniques, New Culture creates its animal-free mozzarella using traditional methods of cheesemaking and food science instead of relying on ingredients like soy and nuts. ![]()
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