Swedish cultivated meat startup Re:meat has secured €1 million in an oversubscribed funding round. The investment comes from tech investors, family offices, and business angels focused on improving food system resilience.
“We are building a future where nations are better prepared”
The round was led by impact investor 8+ Ventures and included contributions from Kristofer Forss, founder of Bastard Burgers; Judith Wolst, founder of SusTechable; Jon Persson and Erik Rosengren, co-founders of Söderberg & Partners; and Skåne Ventures. Additional investors from the food, technology, and investment sectors also participated.
Jacob Schaldemose Peterson, CEO of Re:meat, stated that strengthening food system resilience is essential in times of crisis. “By investing in our technology today, we are building a future where nations are better prepared, more self-sufficient, and ready to face whatever geopolitical or climate-related challenges that lie ahead,” he said.
Re:meat is developing a modular production system inspired by brewing technology, with the goal of making cultivated meat cost-competitive. The company is focusing on cultivated minced beef, which can be integrated into food businesses’ existing product lines. The process uses muscle cells sourced from a free-range Swedish cow and is designed to reduce production costs below those of conventional beef.
Scandinavia’s first “Re:meatery”
The funds will support the establishment of Scandinavia’s first “Re:meatery,” a facility modeled after a brewery but dedicated to cultivated meat production. Food companies can sign up to participate in the project to secure a future supply of cultivated protein.
Re:meat has received support from the Swedish incubator STING and was awarded a Vinnova grant for deep-tech acceleration in 2024.
Schaldemose Peterson continued, “We’ve assembled the right mix of expertise, but more importantly, the determination to fundamentally transform the way we produce meat.”
