Agronomics Limited, a UK-based investment firm focused on clean food technologies, has committed US$ 2 million in funding to SuperMeat, a company specializing in cultivated chicken production. This investment is part of a larger US$ 3.5 million round raised through a Simple Agreement for Future Equity (SAFE), with participation from other investors, including Milk and Honey Ventures.
“As global demand for protein continues to rise, it is essential to meet this demand sustainably”
SuperMeat plans to use the funds to accelerate its efforts in commercializing cultivated chicken in Europe. The company has made considerable progress in the production of lab-grown chicken, having recently reduced the cost of production to approximately US$11.79 per pound, aligning its price point with premium pasture-raised chicken in the U.S. Additionally, a 2024 life-cycle analysis by CE Delft found that SuperMeat’s cultivated chicken could emit 50% fewer carbon emissions compared to traditionally farmed chicken.
Jim Mellon, Executive Chairman of Agronomics, expressed his support for SuperMeat’s advancements. “As global demand for protein continues to rise, it is essential to meet this demand sustainably, reducing the environmental and health impacts associated with industrial agriculture,” Mellon said. He explained that SuperMeat’s work represents both a financial opportunity and a step towards a more sustainable future for food production.
Agronomics doubles down on investment
Agronomics’ investment in SuperMeat will be split between US$ 750,000 in cash and US$ 1.25 million in Agronomics shares. These new shares, totaling approximately 6.5 million, will be issued at a price based on Agronomics’ net asset value as of September 30, 2025. Agronomics originally invested in SuperMeat in 2020, and its stake has since increased in value.
The new shares will be admitted to trading on AIM in late November, increasing Agronomics’ total issued share capital to over 1 billion ordinary shares. The company’s investment portfolio includes over 25 companies working on alternative food production technologies, with a focus on sustainability and food security.
SuperMeat’s co-founder and CEO, Ido Savir, noted, “This investment supports our progress toward bringing cultivated chicken to market. We are focused on translating our technological achievements into real-world commercial launch with the backing of partners who recognize the potential of this sector.”
