NEWS COMMENTARY

Redefine Meat, developer of 3D printers for plant-based meats, raises $6 million seed round

Published:
September 16, 2019
Services:
CPG More...
Priorities:
Asset Timing and Transitioning More...
Activities:
Investment
by Thomas Hayes
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CPT Capital led the round, with Germany poultry company PHW Group also participating. Redefine Meat (formerly Jet-Eat) will use the funding to complete the development of its 3D printer system, scheduled for release in 2020. This comes within a week of the funding announcement for NovaMeat. Redefine Meat and NovaMeat are two of the three developers specifically targeting 3D printers for plant-based meats; the other is SavorEat. Much like 3D printing of food in general, this approach is only suitable for low-volume/high-value applications. Given that 3D printing of plant-based meats is essentially a niche within a niche, we do not recommend that clients engage with this space.

For the original news article, click here .


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