Farming Technology TodayFarming Technology Today
  • News
    • Agricultural Drones
    • Animal Health
    • Artificial Intelligence
    • Autonomous Robots
    • Autonomous Vehicles
    • Biotechnology
    • Data & Analytics
    • Energy
    • Environment
    • Farming Equipment
    • Fertilisers
    • Harvesting Technology
    • Insect Farming
    • Internet of Things (IoT)
    • Livestock
    • Microsensors
    • Plant Health
    • Precision Agriculture
    • Robotics
    • Satellite Crop Monitoring
    • Soil Management
    • Sowing and Planting
    • Sustainability
    • Water & Irrigation
    • Weather & Climate
    • Weed Control
    • Yield Monitoring
  • Technology Features
  • Stock and Shares
  • Videos
  • Events
  • About This Site
  • Meet the Writers
  • Advertising
  • Email Newsletters
Twitter LinkedIn
  • About This Site
  • Advertising
  • Meet the Writers
  • Free Email Newsletters
LinkedIn Twitter
Farming Technology TodayFarming Technology Today
Get Weekly Email News Alerts >
  • Farming Technology
        • Agricultural Drones
        • Animal Health
        • Artificial Intelligence
        • Autonomous Robots
        • Autonomous Vehicles
        • Biotechnology
        • Data & Analytics
        • Energy
        • Environment
        • Farming Equipment
        • Fertilisers
        • Harvesting Technology
        • Insect Farming
        • Internet of Things (IoT)
        • Livestock
        • Microsensors
        • Plant Health
        • Precision Agriculture
        • Robotics
        • Satellite Crop Monitoring
        • Soil Management
        • Sowing and Planting
        • Start-Ups
        • Sustainability
  • Tech Features
  • Videos
  • Stocks & Shares
    • AGCO Corporation (AGCO)
    • Caterpillar Inc. (CAT)
    • CF Industries Holdings, Inc. (CF)
    • CNH Industrial NV (CNHI)
    • Corteva Agriscience (CTVA)
    • Deere & Company (DE)
    • Nutrien Ltd. (NTR)
    • Origin Agritech Limited (SEED)
    • S&W Seed Company (SANW)
    • The Andersons, Inc. (ANDE)
    • The Mosaic Company (MOS)
  • Events
    • Virtual
    • North America
    • Europe
    • MENA
    • Asia
    • South America
Farming Technology TodayFarming Technology Today
Energy

Meatable secures $47 million more funding to upscale lab grown meat production

Chris McCulloughBy Chris McCulloughMarch 24, 2021No Comments
Meatable secures $47 million more funding to upscale lab grown meat production
Krijn de Nood, CEO and co-founder (left) and Daan Luining, CTO and co-founder of Meatable
Share
LinkedIn Twitter Facebook Email

A dutch company has secured a further US$47 million in Series A funding which now sets it on track to start small scale production of its alternative meat products portfolio.

With this new funding boost, Meatable has now raised a total of US$60 million. Since finalising its first showcase product in 2020, the company now aims to use these funds to advance small-scale production at the Biotech Campus Delft and to diversify by adding new products.

The backing consortium consists of Dr Rick Klausner, Section 32; Dr Jeffrey Leiden, and DSM Venturing, and includes existing investors, such as BlueYard Capital, Agronomics, Humboldt, and Taavet Hinrikus, showing continued support.

They recognise the positive impact cultivated meat will have on climate change, see the trillion-dollar potential of the cultivated meat marketplace, and are betting on Meatable to solve the industry’s scalability and speed-to-market challenges with its patented opti-ox technology.

Dr Rick Klausner, former director of the US National Cancer Institute and former Executive Director of Global Health at the Bill and Melinda Gates Foundation, sees great potential in Meatable and its technology.

He said: “We are committed to joining Meatable in its mission to address the world’s most pressing challenges. We see a smart start-up that has accomplished a lot in a short amount of time.

“They have a great team and game-changing technology that can address the challenges around the global food insecurity issues our planet is facing. They have all the right ingredients to become the leading choice for sustainably and efficiently produced meat,” he added.

Meat within weeks not years

According to the company, Meatable’s proprietary platform technology enables a fundamentally more cost effective and scalable production process. It replicates the natural process of fat and muscle growth, in proportions that emulate traditional cuts of meat. The entire process, when fully developed, is expected to take only weeks to produce meat, whereas it can take years to grow a live animal.

Krijn de Nood, CEO and co-founder of Meatable, said: “To be able to meet the growing demand for meat worldwide, we need breakthrough solutions. Cultivated meat has the potential to continue to produce the product we love, meat, using a much more efficient production process.

“Having Rick Klausner, Jeffrey Leiden, Section 32 and DSM Venturing support us in realising that potential is a huge step for Meatable. We are honoured to welcome a like-minded group of investors who support us on our mission, to develop, accelerate and bring to life sustainable, healthy and environmentally sound technologies that can improve the human condition.

“With this funding we believe we are well on our way to bringing our first products to market to sustainably satisfy the world’s appetite for meat,” he concluded.

The basis of Meatable’s aims is to produce cultivated meat, for which no animals are slaughtered, fewer GHG emissions are released, and significantly less land and water are required.

The company claims that, unlike plant-based alternatives, its end-product will provide the full experience of eating actual meat, with the same texture, taste, and nutritional benefits.

After successfully completing its first pork showcase product, Meatable is currently focused on the further development of cultivated pork and beef. Meatable’s technology is adaptable to any cell-based species, including cows, pigs, sheep, and fish, giving the company great opportunity for further product development.

Share. LinkedIn Twitter Facebook Email
Chris McCullough
  • Twitter

Chris McCullough is a freelance multi-media journalist based in Northern Ireland and specialises in all aspects of agriculture. He has spent the past 18 years travelling the globe hunting for the best stories in food, farming and politics. He has reported extensively from overseas, mostly throughout Europe but also from USA, Canada, India, Australia and African countries on various topics. He has won a number of awards for his photos and journalism and is always on the lookout for his next exclusive.

Related Stories

Farming Equipment

New R-2 Tread Design On The World’s Largest Farm Tyre

February 14, 2023
Precision Agriculture

€1 million in seed funding for Ireland’s agri-image analysis platform Proveye

January 25, 2023
Latest News

Series A boost for Australia’s SwarmFarm Robotics and its Integrated Autonomy solutions

February 18, 2023

Advanced Path Planning Technology announced by Trimble Autonomy

February 17, 2023

Loam Bio’s endophyte harnessing technology receives fresh investment

February 17, 2023
Upcoming Events
  1. World Agri-Tech Innovation Summit 2023

    March 14 @ 8:00 am - March 15 @ 5:00 pm
  2. 15TH ANNUAL GLOBAL AGINVESTING – New York 2023

    April 3 - April 5
  3. Foodex 2023

    April 24 @ 9:00 am - April 26 @ 5:00 pm
  4. Agritech Israel 2023

    May 2 @ 8:00 am - May 4 @ 5:00 pm

View All Events

In the Spotlight

Reducing methane emissions from cattle and dairy farming

November 15, 2021By Matt Peskett

At COP26 this month, 105 countries including the US, Canada and Brazil promised to reduce…

Visited our sister title?
Site Information

About This Site
Advertising
Meet the Writers
Free Email Newsletters

LinkedIn Twitter
  • Vertical Farming Today
© 2022 Food & Farming Technology is a Firetop Media publication by Firetop Ltd 4854392 | © Editorial images: stock.adobe.com | All rights reserved
Privacy Policy | Cookie Policy

Type above and press Enter to search. Press Esc to cancel.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-advertisement1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Analytics" category .
cookielawinfo-checkbox-necessary1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Necessary" category .
elementorneverThis cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time.
PHPSESSIDsessionThis cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
CookieDurationDescription
ab1 yearOwned by agkn, this cookie is used for targeting and advertising purposes.
CMID1 yearCasale Media sets this cookie to collect information on user behavior, for targeted advertising.
CMPRO3 monthsCMPRO cookie is set by CasaleMedia for anonymous user tracking, and for targeted advertising.
CMPS3 monthsCMPS cookie is set by CasaleMedia for anonymous user tracking based on user's website visits, for displaying targeted ads.
CMST1 dayCasale Media sets this cookie to collect information on user behavior, for targeted advertising.
DSID1 hourThis cookie is set by DoubleClick to note the user's specific user identity. It contains a hashed/encrypted unique ID.
id1 year 1 monthSet by Google DoubleClick, this cookie is used to create user profiles to display relevant ads.
IDE1 year 24 daysGoogle DoubleClick IDE cookies are used to store information about how the user uses the website to present them with relevant ads and according to the user profile.
KADUSERCOOKIE3 monthsThe cookie, set by PubMatic, registers a unique ID that identifies a returning user's device across websites that use the same ad network. The ID is used for targeted ads.
KTPCACOOKIE1 dayThe cookie, set by PubMatic, registers a unique ID that identifies a returning user's device across websites that use the same ad network. The ID is used for targeted ads.
mc1 year 1 monthQuantserve sets the mc cookie to anonymously track user behaviour on the website.
mdata1 year 1 monthThis cookie is used by Media Innovation group and registers a unique ID to identify a visitor on their revisit, in order to show them relevant ads.
OAGEOsessionOpenX sets this cookie to avoid the repeated display of the same ad.
OAID1 yearCookie set to record whether the user has opted out of the collection of information by the AdsWizz Service Cookies.
ov1 year 1 monthThis cookie is set by the provider mookie1.com. This cookie is used for serving the user with relevant content and advertisement.
pxrc2 monthsThis cookie is set by pippio to provide users with relevant advertisements and limit the number of ads displayed.
rlas31 yearRLCDN sets this cookie to provide users with relevant advertisements and limit the number of ads displayed.
test_cookie15 minutesThe test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies.
uuid3 monthsMediaMath sets this cookie to avoid the same ads from being shown repeatedly and for relevant advertising.
VISITOR_INFO1_LIVE5 months 27 daysA cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.
YSCsessionYSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages.
yt-remote-connected-devicesneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt-remote-device-idneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
CookieDurationDescription
__gads1 year 24 daysThe __gads cookie, set by Google, is stored under DoubleClick domain and tracks the number of times users see an advert, measures the success of the campaign and calculates its revenue. This cookie can only be read from the domain they are set on and will not track any data while browsing through other sites.
_ga2 yearsThe _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_gat_gtag_UA_154262053_11 minuteSet by Google to distinguish users.
_gid1 dayInstalled by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
CONSENT2 yearsYouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.
u1 yearThis cookie is used by Bombora to collect information that is used either in aggregate form, to help understand how websites are being used or how effective marketing campaigns are, or to help customize the websites for visitors.
uid1 year 1 monthThis is a Google UserID cookie that tracks users across various website segments.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
CookieDurationDescription
GoogleAdServingTestsessionNo description
ppwp_wp_session30 minutesNo description
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
CookieDurationDescription
na_id1 year 1 monthThe na_id is set by AddThis to enable sharing of links on social media platforms like Facebook and Twitter.
na_rn1 monthThe na_rn cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
na_sc_e1 monthThe na_sc_e cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
na_sr1 monthThe na_sr cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
na_srp1 minuteThe na_srp cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
na_tc1 year 1 monthThe na_tc cookie is used to recognize the visitor upon re-entry. It allows to record details on user behaviour and facilitate the social sharing function provided by Addthis.com.
ouid1 year 1 monthAssociated with the AddThis widget, this cookie helps users to share content across various networking and sharing forums.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
CookieDurationDescription
d3 monthsQuantserve sets this cookie to anonymously track information on how visitors use the website.
SAVE & ACCEPT
Powered by CookieYes Logo