Meatable, a Delft, The Netherlands-based food tech company, raised $35m in funding.
The round, which brought total funding so far to $95m, was led by Agronomics, with participation from Invest-NL, and existing investors BlueYard, Bridford, MilkyWay, DSM Venturing and Taavet Hinrikus.
The company intends to use the funds to further scale its processes and accelerate commercial launch of its cultivated meat products.
Co-founded by CTO Daan Luining, and CEO Krijn de Nood, Meatable has developed proprietary opti-ox™ technology combined with pluripotent stem cells to produce meat rapidly, sustainably, and without harming animals. Starting in Singapore, the company is launching in selected restaurants and retailers from 2024. Meatable is also making solid progress on expanding to the United States and beyond, boosted by recent regulatory developments.
FinSMEs
08/08/2023