New Age Meats, a Berkeley, Calif.-based cultivated meat company, closed a $2.7m seed funding round.
The round was led by ff Venture Capital, with participation from Agronomics Ltd, Sand Hill Angels, Supernode Ventures, Hemisphere Ventures, Kairos Ventures and SOSV.
The company intends to use the funds to grow the team, invest in automation equipment, and iterate its cultivators.
Founded in 2018 by Brian Spears, CEO, New Age Meats aims to develop technology to make meat from animal cells instead of animal slaughter by using automation and data science in stem cell research and bioreactor optimization. It is a graduate of IndieBio’s accelerator program.