More grim news in cultivated meat sector as Meatable folds: ‘We are now entering the second phase of this industry’ - AgFunderNews
We use cookies to enhance your browsing experience, serve personalised ads or content, and analyse our traffic. By clicking "Accept All", you consent to our use of cookies. No cookies to display. In a further blow to the nascent cultivated meat sector, Dutch cultivated meat startup Meatable is winding down operations after failing to secure funding, key shareholder Agronomics revealed this morning. A key shareholder in Meatable alongside BlueYard Capital, DSM Venturing (now dsm-firmenich Ventures), Humboldt, Thai food giant Betagro and the Dutch fund Invest-NL, Agronomics had invested £7.9 million ($10.6 million) in Meatable, which had a book value of £11.9 million ($15.9 million) prior to the wind-down, representing just over 8% of Agronomics’ net asset value as of Sept 25. The news comes days after Israel- and US-based startup Believer Meats ceased operations, prompting a flurry of commentary on social media about the viability of the sector, which has seen funding almost dry up over
Meatable co-founders Krijn de Nood (L) and Daan Luining. Image credit: Meatable In a further blow to the nascent cultivated meat sector, Dutch cultivated meat startup Meatable is winding down operations after failing to secure funding, key shareholder Agronomics revealed this morning. A key shareholder in Meatable alongside BlueYard Capital, DSM Venturing (now dsm-firmenich Ventures ), Humboldt , Thai food giant Betagro and the Dutch fund Invest-NL , Agronomics had invested £7.9 million ($10.6 million) in Meatable, which had a book value of £11.9 million ($15.9 million) prior to the wind-down,
Explore this link on the map →related reading
- The science of cultivated meat | GFIgfi.org
- Cultivated Meat at a crossroads: Tufts cell ag innovation dayagfundernews.com
- Scaling out, not up: foodtech execs rethink growth in funding winteragfundernews.com
- UPSIDE Foods submits $50m bid for Believer Meats’ US assetsagfundernews.com
- Lab-grown meat is supposed to be inevitable. The science tells a different story.thecounter.org
- Cellular ag moves beyond the startup phasefoodnavigator-usa.com
- Lab-grown meat has a P.R. problem | Food and Environment Reporting Networkthefern.org
- Intellectual property rights in the cultivated meat industry: opportunities and challenges | Nature Biotechnologynature.com
- The Visions of Neil Mehta - Colossusjoincolossus.com
- Lab Culture | Atmosatmos.earth
- Cultivated meat growth factor volume and cost analysis - The Good Food Institutegfi.org
- Australia's Vow Appoints New CEO Amid Expansion Beyond Lab-Grown Meatgreenqueen.com.hk