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 …
Biokraft Foods Partners with ICAR-DCFR for Cultivated Trout Products in India
Indian cultivated meat startup Biokraft Foods has announced a strategic collaboration with ICAR-Directorate of Coldwater Fisheries Research (DCFR) to create cultivated snow and rainbow trout products — two species that hold significant commercial value in the Indian market. Through the collaboration, ICAR-DCFR will develop the fish cell lines, and Biokraft Foods will create final products using 3D bioprinting and customized bioinks. The ICAR-DCFR is India’s pioneer research institute working toward sustainable …