News Commentary | March 26, 2021
In line with our 2021 predictions, cell‑based meat continues to attract more corporate strategic investors. Meatable's Series A funding round brought in corporate investors like DSM Venturing. With about $60 million in funding raised to date, Meatable looks to advance small‑scale production at the ... To read more, click here.
News Commentary | April 16, 2021
Drawdown Fund led the round, which comes less than a year after Mori's $12 million Series A in July 2020. The press release did not disclose any major milestone developments, and the reasoning for the funding was much of the same as that for its Series A, i.e., to secure commercial partnerships and ... Not part of subscription
News Commentary | July 08, 2021
L Catterton and DisruptAD, the venture capital arm of ADQ, led this Series B round, with participation from other corporate strategic investors like Thai Union Group, Cargill, and CJ CheilJedang, among others. Aleph Farms will use this funding to scale up cell‑based beef steak production and to ... Not part of subscription
by Laura Krishfield
The Series E was led by the Ingka Group, with participation from Middleland Capital, MissionPoint Capital, China's GSR Ventures, and AllianceBernstein, as well as existing investors Wheatsheaf and ADM Capital. This raise brings AeroFarms' total funding to $235 million. The company will expand its indoor system beyond leafy greens to include berries. While producing high-value crops could promote vertical farming in other industries (like CPGs), the impact on profitability has been uncertain. However, direct competitor Plenty also announced plans to diversify crop production after its $200 million investment. Clients, indoor farming will expand the availability of high-value produce, but expect crop development requirements to achieve ROI.
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