NEOM Investment Fund Partners with Liberation Labs to Develop Precision Fermentation Facility in Saudi Arabia
The NEOM Investment Fund (NIF) has entered into a strategic partnership with Liberation Labs, a leader in precision fermentation biomanufacturing. This collaboration will support the development of a precision-fermentation facility in Saudi Arabia, designed to advance food production capabilities in the region. The project aligns with NEOM’s broader goals of establishing itself as a global hub for sustainable, industrial-scale food production. The new facility will be integral to Topian, NEOM’s …
Liberation Labs to Advance Precision Fermentation Facility with $3.5M Fundraise
US biomanufacturing company Liberation Labs has raised $3.5 million via a Secured Promissory Note (“Note”), including a $2.0 million subscription from the VC firm Agronomics Limited (LSE: ANIC). With this note, Agronomics’ total investment in the precision fermentation company amounts to $19.6 million, holding 37.5% on a fully diluted basis. Other participants in the fundraising, each contributing $0.5 million, include New Agrarian Company Limited (an affiliate of Agronomics), Galloway Limited, …
Future of Foods Podcast: Anthony Chow, Co-Founder of Agronomics on Funding the Cellular Agriculture (r)Evolution
Alex Crisp, host of Future of Foods Interviews, speaks to Anthony Chow, co-founder of Agronomics, about the future of cellular agriculture and the negative press surrounding the cultivated meat and plant-based industries. He also discusses the challenges faced by plant-based products, particularly regarding their pricing, health concerns, and the need for innovation to attract conventional meat consumers. Agronomics is a leading UK listed investment company with a portfolio of more than …
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 …
Agronomics Secures $25M USDA Backing for Liberation Labs Biomanufacturing Facility
The United States Department of Agriculture (USDA) has granted a $25 million loan guarantee to support Agronomics, a leading cellular agriculture and cultivated meat investment firm, in the completion of a large-scale biomanufacturing facility in Indiana. Allocated for the finalization of Liberation Labs’ 600,000-liter bio-protein facility, the funding will support a resolution to the industry’s fermentation production capacity deficit. With commercial production scheduled to begin Q1 2025, the facility aims …
Liberation Labs to Develop “First Purpose-Built” Precision Fermentation Plant in the US
Liberation Labs Holdings, a large-scale precision fermentation contract manufacturer, announces it has acquired the land to develop its first commercial-scale biomanufacturing facility in the Midwest Industrial Park in Richmond, Indiana. The precision fermentation manufacturer expects to invest $115 million in the facility and plans to create an estimated 45 well-paying manufacturing jobs. According to Liberation Labs, it will be the first purpose-built commercial precision fermentation plant in the United States. …
Agronomics Invests $7M in Precision Fermentation Manufacturer Liberation Labs
Agronomics has invested $3.5 million in the seed round of Liberation Labs, a company working to commercialise precision fermentation on a large scale. The venture capital firm previously invested $3.5 million in the funding round’s first tranche in October, meaning it has now contributed a total of $7 million to the $20 million raise. Additionally, Agronomics made a $627,000 investment as part of Liberation’s previous funding round in June. Precision …
All G Foods Raises $25M to Make Cultivated Milk “Cheaper to Buy Than Cow-Based Dairy”
Australian startup All G Foods just raised $25 million from Agronomics to accelerate the manufacture of its milk substitute and undercut the prices of conventional milk sold on the market. The $25 million investment, of which $15 million has been contributed by cellular agriculture investment firm Agronomics through a UK-listed corporation and another $10 million through a linked investment vehicle, is claimed to be the first component of a broader …
Cultivated Palm Oil Has Potential to Reduce Dependency on Controversial Palm Oil Industry
Clean Food Group, a company developing cultivated palm oil alternatives made from yeast, is currently preparing for the commercialisation of its Clean Palm Oil planned for 2023 aiming to reduce dependency on the controversial palm industry. The development process began at the University of Bath, where Christopher Chuck, Professor of Bioprocess Engineering, has been working on a project using “unique fermentation processes to develop a palm oil substitute from lignocellulosic …
Agronomics Reveals Cultivated Meat Pet Food Venture Good Dog Food
Agronomics, the UK cellular agriculture investment group headed by billionaire philanthropist Jim Mellon, has partnered with Roslin Technologies, made famous for the world’s first cloned adult mammal Dolly the sheep, to launch Good Dog Food. Says Jim Mellon, Executive Director of Agronomics and Chairman of Good Dog Food: “An untapped sector of the agricultural market is the production of pet food via cellular agriculture. We are delighted to be able …