Image courtesy of Mosa Meat

Mosa Meat Raises €40M From Investors Including Poultry Producer PHW Group

Dutch cultivated meat company Mosa Meat has raised €40 million in an oversubscribed funding round. The capital will be used to scale up production processes, drive down production costs, and prepare for market entry. The round was led by Lowercarbon Capital and M Ventures, with other participants including Dutch state-owned impact investor Invest-NL, LIOF (the regional development agency for the Limburg province), and LEF (the Limburg Energy Fund). Significantly, the …


Finally Foods utilize plants as "bioreactors," modifying them with cutting-edge technology to grow sustainable alternatives to animal-based proteins, starting with casein to make cheese.

© Finally Foods

Finally Foods Secures Funds for AI-Driven Plant Molecular Tech to Produce Casein for Cheese

Israeli startup Finally Foods Ltd., an AI-driven company focused on revolutionizing the alt-protein sector through plant molecular farming, has secured pre-seed funding from The Kitchen FoodTech Hub (TKH) and the Israeli Innovation Authority (IIA).  Finally Foods utilizes potatoes as “bioreactors,” modifying them with cutting-edge technology to grow sustainable alternatives to animal-based proteins. It will start by producing casein, the key protein to make “cheese that’s gentle on our planet and …


liberation labs precision fermentation plant

© Liberation Labs

Agronomics Invests $10M in Liberation Labs to Advance its 600,000 L Precision Fermentation Facility

Agronomics Limited (LSE: ANIC), the UK’s leading VC company focused on cellular agriculture and biomanufacturing, has invested $10 million in its portfolio company, Liberation Labs Holdings, a US biotechnology firm focused on large-scale precision fermentation manufacturing. The investment was part of a $12.5 million financing round, which was made through a Secured Convertible Promissory Note (SCPN) using Agronomics’ existing cash resources. Previous investor Siddhi Capital also joined the round to …


Cultivated meat startup Orbillion Bio has raised venture capital funding to develop further its predictive model or "scale-up algorithm" for cultivated meat.

© Orbillion Bio

Orbillion Bio Secures Funds to Cultivate Beef at Scale With Innovative Algorithm

Cultivated meat startup Orbillion Bio has secured venture capital funding to develop further its predictive model or “scale-up algorithm” for cultivated meat and bring a product to the market “within a year’s time.” Specializing in cultivating heritage breed meats like Wagyu, elk, and lamb, Orbillion is currently focusing on creating a ground beef product that merges cultivated meat with plant-based ingredients to provide a “tasty, nutritious product at the price of …


Innocent Meat, a startup pioneering the production of cultivated meat in Germany, announces that it has secured €3 million in financing despite the "challenging market environment."

© Innocent Meat

Innocent Meat Raises €3M for Automated “Plug-and-Produce” Solution for Cultivated Meat

Innocent Meat, a startup pioneering the production of cultivated meat in Germany, announces that it has secured €3 million in financing despite the “challenging market environment.” Anchor investor Venture Capital Fonds MV supported the startup with €500 thousand, and a new undisclosed private investor invested €2.5 million.  In 2020, Laura Gertenbach and Patrick Nonnenmache co-founded Innocent Meat with the goal of transforming meat production through cell-based methods. The company is …


Cauldron raises $9.5M AUD Series A to scale its continuous hyper-fermentation technology

Michele Stansfield, co-founder and CEO of Cauldron © Cauldron Ferm

Investors Back Cauldron’s Plans for Global Network of Precision Fermentation Facilities to Tune of $6.25M

Precision fermentation company Cauldron Ferm announces it has secured AUD 9.5 million ($6.25M) in a series A round led by Horizons Ventures. SOSV, In-Q-Tel, and previous investor Main Sequence also participated in the round, bringing Cauldron’s total raised funds to $20 million.  Precision fermentation is crucial for increasing food production without expanding agricultural land while it addresses sustainability and security issues. The United Nations predicts a 70% increase in food production by 2025 to support the rising …


Two Opalia product mockups

© Opalia

Opalia Receives Investment from Dairy Supplier Hoogwegt Group for “Cow-Free” Cell-Based Milk

Opalia, previously BetterMilk, reportedly the only company developing cell-based milk in Canada, has secured CAD$2 million to accelerate the development of its first milk product and establish a commercial strategy. The financial round was led by the Netherlands-based Hoogwegt Group, the world’s largest independent supplier of dairy products and ingredients, operating since 1965 and with a presence in over 130 countries. Other investors including Ahimsa Foundation, Box One Ventures, Cycle Momentum, Kale United, …


Governor JB Pritzker iFab tech hub illinois

Governor JB Pritzker © @GovPritzker on Twitter

Illinois Invests $680M in Biotechnology Sector to Enhance Biomanufacturing and Precision Fermentation Capabilities

The state of Illinois is set to advance in the biotechnology sector through a substantial government investment strategy, enhancing its biomanufacturing and precision fermentation capabilities. The initiative, led by Governor JB Pritzker in partnership with Innovate Illinois, involves an allocation of $680 million to create the Illinois Fermentation and Agriculture Biomanufacturing (iFAB) Tech Hub, supported by both public and private funding. Governor Pritzker claims that the vision for iFAB is …


Food Brewer Secures Over CHF 5M for Cell Cultured Cacao & Coffee

Food Brewer AG, a biotech startup leveraging plant cell culture headquartered in Campus Horgen, Zurich, Switzerland, has raised over CHF 5 million in a seed round.  Various investors, including family offices from Switzerland and the USA, the Zürcher Kantonalbank, and chocolate manufacturer Max Felchlin AG, backed the startup’s biotechnological approach to making alternatives to cocoa, coffee, and sustainable fats.  With the new funds, Food Brewer will invest in R&D for its cell lines, expand …


Cultivated ingredients producer Simple Planet

© Simple Planet

Simple Planet Raises $6M for Cultivated Ingredients in Oversubscribed Funding Round

South Korea-based Simple Planet, a producer of cultivated ingredients, has raised $6 million in an oversubscribed pre-series A round. Participants included POSCO CAPITAL, DCP Private Equity, EASY Holdings, Hyundai Venture Investment, and more. A previous $1.5 million investment led by Pulmuone takes Simple Planet’s total funding to $7.5 million, which is particularly impressive in light of the challenging investment climate. Some of the funding will be used to build a …