Solar Foods to List on Nasdaq, Bolstering Growth Plans for ‘Solein’ Air-Based Protein
Air-based protein developer Solar Foods announces plans to list on the Nasdaq First North Growth Market Finland. The listing is expected to occur in September as a technical listing without any share issue or sale. Based in Helsinki, the biotech has raised €69.6 million from various investors, including Fazer, Lifeline Ventures, Agronomics, CPT Capital, Voima Ventures, and various family office investment companies. According to the company, its more than 2,000 shareholders …
MeaTech, The First Publicly Traded Cultured Meat Company, Announces Financial Results
The first publicly traded cultured meat company, MeaTech, which develops cell cultured meat production capabilities including its proprietary three-dimensional printing technology, biotechnology processes, and customizable manufacturing processes for slaughter-free real meat manufacturing, today announced its financial results for the year ended December 31, 2020. Its 2020 year-end cash position was $13.5 million ($8.5 million pro-forma to POM acquisition) with a further $28 million raised as part of the Nasdaq listing, …