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,
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