What is Meatable?
Founded in 2018, Meatable is at the forefront of the cultivated meat industry, leveraging its proprietary opti-ox technology to produce meat rapidly and sustainably. The company's innovative approach aims to disrupt traditional meat production by offering a product that is identical to conventional meat but produced without the need for animal slaughter. Meatable's team comprises experts in molecular biology, tissue engineering, and food science, dedicated to advancing the future of food. The company's focus on scalability and ethical production positions it as a key player in the burgeoning alternative protein market.
How much funding has Meatable raised?
Meatable has raised a total of $93.6M across 4 funding rounds:
Other Financing Round
$3.5M
Series A
$47M
Other Financing Round
$35M
Debt
$8.1M
Other Financing Round (2018): $3.5M, investors not publicly disclosed
Series A (2021): $47M led by Section 32 and DSM Venturing
Other Financing Round (2023): $35M supported by Milky Way Investments, Agronomics, and BlueYard Capital
Debt (2024): $8.1M featuring The RVO
Key Investors in Meatable
Agronomics
Agronomics Limited is a London-listed investment company specializing in cellular agriculture, backing ventures that produce agricultural products from cell cultures and microorganisms. They focus on companies utilizing biotechnology and tissue engineering for sustainable protein and material production.
BlueYard Capital
BlueYard Capital is a venture capital firm that invests in transformative technologies across computation, engineering, and biology, supporting founders building solutions for a better future. They focus on early-stage investments from pre-seed to Series A.
Section 32
Section 32 is a venture capital firm founded by Bill Maris, focusing on investing in cutting-edge technology and supporting visionary entrepreneurs at the forefront of technological advancement. They are backed by a team with extensive experience in building iconic companies.
What's next for Meatable?
With the recent influx of major strategic investment, Meatable is poised for significant expansion. The company is expected to utilize these funds to further develop its production capabilities, enhance its opti-ox technology, and potentially broaden its market reach. This enterprise-level backing signals strong investor confidence in Meatable's business model and its potential to address global food security and sustainability challenges. The company's trajectory suggests a move towards commercialization and wider market penetration, solidifying its role in the transition to a more sustainable food system.
See full Meatable company page
