The company said the funding will support the launch of its manufacturing facility at Kibbutz Sdot Yam, which is expected to begin operations in the third quarter of this year.
The move is part of an escalating campaign to halt the Finance Ministry’s dairy reform plan.
The launch of The New Milk in Israel enables consumers to taste and enjoy for the first time a pioneering new category that represents a global revolution in the dairy industry.
The six-month suspension aims to avert a looming shortage during the Jewish High Holidays, a period marked by both increased consumption and reduced local production.
Dairy production is being threatened by the increasing frequency and intensity of heatwaves.