Steakholder Foods Bolsters Financial Position Through Strategic Funding Deal
Steakholder Foods has secured new funding through a private placement agreement and an equity line of credit (ELOC) with Alumni Capital LP. The financing includes an immediate capital injection of approximately $1.25 million, alongside access to an additional $8 million in funding. The private placement agreement involves the sale of 985,028 American Depositary Shares (ADSs) at $1,269 per share. Alumni Capital LP receive warrants that allow the purchase of the …
CEO Arik Kaufman Outlines Steakholder Foods’ Path to Commercial Growth in 2025
Steakholder Foods has outlined its strategic direction for 2025, with CEO Arik Kaufman providing an update on the company’s recent developments. Despite a challenging economic climate, the company has taken steps toward commercial growth, market expansion, and technological advancements. Over the past year, Steakholder Foods secured key purchase orders that signal movement toward establishing consistent revenue streams. Bondor Foods placed an order for the company’s SH™ – Fish premix blends, …
UMAMI Bioworks and Steakholder Foods Successfully Scale 3D-Printed Cultivated Fish, Poised to Expand the Seafood Market
Singapore’s UMAMI Bioworks and Israel’s Steakholder Foods have completed a two-year R&D collaboration to develop a scalable process for 3D-printed cultivated fish production, funded by the Singapore-Israel Industrial R&D Foundation (SIIRD). According to the companies, the partnership has “laid the groundwork” for producing structured cultivated fish fillets at scalable volumes using 3D printing technology and customized bio-inks, marking a significant step toward bringing these products to the market. As part …
Steakholder Foods and Wyler Farms Partner to Launch 3D Printed Plant-Based Beef Steaks at Industrial Scale
Israeli bioprinting technology expert Steakholder Foods (Nasdaq: STKH) and Wyler Farms, Israel’s leading tofu producer, have signed a memorandum of understanding (MOU) to use industrial-scale 3D printing technology to produce 3D printed plant-based beef steaks. As part of the agreement, Wyler Farms will acquire Steakholder Foods’ 3D Fusion Pro meat printer and a subscription to the SH Software and NutriBlend ink designed explicitly for plant-based meat. The deal, valued at …
Steakholder Foods Unveils the World’s First 3D Printed Plant-Based Shrimp
Israeli biotech Steakholder Foods (Nasdaq: STKH), a cultivated meat and 3D bioprinting technology leader, unveils what it claims to be the world’s first plant-based 3D-printed shrimp. Steakholder Foods’ food team utilized its DropJet printer and shrimp-flavored inks developed in-house to “precision-print” the analogs, layer-by-layer. Combining these technologies allows the company to recreate the texture and flavor of shrimp, offering a realistic alternative. The ingredients for the inks have not been disclosed. …
Steakholder Foods Submits Patent for Immortal Bovine Cell Line, Says “It’s a Paradigm Shift” for Future Food
Israeli deep tech Steakholder Foods Ltd., known for its 3D printing technology, yesterday announced it had submitted a provisional patent for immortal bovine cell lines, with the purpose of providing a stable, renewable source for generating different tissues. Steakholder announced back in August 2022 that it was working on the development of cultivated pork products using a new line of porcine stem cells. It states that this current move represents …
Steakholder Foods Unveils Customizable 3D Modeling Software for Clients
Israeli deep-tech food company Steakholder Foods Ltd. (Nasdaq: STKH), known for its 3D bio-printing technologies, today announces the launch of its proprietary Light CAD Editor for use by clients. The software works alongside the company’s fusion printers, enabling clients to create, test, and optimize 3D models and fibrous textures for its 3D bioprinters, without the need for third-party software or extensive computer-aided design (CAD) training. After revealing the world’s first …
Steakholder Foods Signs Multi-Million Dollar Deal for 3D Printing Cultivated Meat Facility in Persian Gulf
Israeli cultivated meat and 3D printing leader Steakholder Foods (NASDAQ: STKH), announces it has signed a multi-million-dollar agreement with an accredited GCC-based governmental body (Gulf Cooperation Council) to establish a ‘first-of-its-kind,’ large-scale production facility in the Persian Gulf. The partnership aims to address the local food security goals set in the GCC, representing the economic union between Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. In May, …
Steakholder Foods Launches into 3D Bioprinting Business Model to Advance Cultivated Meat
Steakholder Foods, formerly MeaTech 3D (NASDAQ: MITC), is launching a new 3D bioprinting business model that promises to advance the cultivated meat revolution. In addition to its cultivated meat development, the Israeli company will provide 3D bioprinters and bioinks to B2B meat manufacturers and cultivated meat producers to create delicious, nutritious, safe cultivated meat. Steakholder Foods’ competitive advantage relies on its expertise in 3D bioprinting technology and its ability to create structured end products …
Steakholder Foods 3D Bio-Prints the “World’s First” Whole Fillet Cultivated Fish
3D-printed cultivated meat company Steakholder Foods (NASDAQ: STKH), formerly MeaTech 3D, has announced the world’s first 3D bio-printed cultivated fish product. The recently developed prototype was a ready-to-cook grouper fillet, printed with customized bio-inks utilizing grouper cells provided by Umami Meats. Backed by a grant from the Singapore-Israel Industrial R&D Foundation (SIIRD), Umami Meats and Steakholder Foods work to develop a scalable process for producing structured cultivated fish products using Steakholder Foods’ proprietary …