DELFT, NETHERLANDS — Cultivated meat company Meatable has raised $35 million in a recent funding round, which raises its total funding to $95 million.
The funding round was led by Agronomics but also had support from existing investors, including BlueYard, Bridford, MilkyWay, DSM Venturing, and Taavet Hinrikus.
The recent funding round will enable the company to bring its cultivated pork products to commercial launch quickly.
“We’re thrilled to welcome Invest-NL on board and to have renewed support from our existing investors,” said Krijn de Nood, co-founder and chief executive officer of Meatable. “Both the regulatory landscape and the continued investments are aligning to show demonstrated momentum. This is a huge sign of confidence in the incredible quality, taste, and proven scalability of our product, especially in the current investment climate. We look forward to working closely with our investors as we enter our next growth phase and cement our position as global leaders in the cultivated meat industry.”
Meatable is a cultivated meat company who takes sample cells from an animal without having to harm them. They then take the cell and replicate the natural growth process of the cells using opti-ox technology combined with pluripotent stem cells, according to the company.