UK Firm to Build 'Europe's Largest Cultivated Meat Facility'
8 Articles
8 Articles
UK cultivated meat startup Meatly raises £10.4M from Oyster Bay to build Europe's biggest bioreactor facility
London-based Meatly has closed a £10.4m Series A funding to build a 20,000-litre bioreactor facility, which will be the largest cultivated meat production site in Europe. The round was led by three new institutional investors: Oyster Bay Venture Capital, Clean Growth Fund, and JamJar Investments, joining founding backers Agronomics and Pets at Home, bringing total funding to £17.4m. Meatly is starting with the pet food market and sold the world’…
UK firm to build 'Europe's largest cultivated meat facility'
Meatly, a London-based firm that became the first company in Europe approved to sell lab-grown meat in 2024, is now planning to open the continent’s “largest cultivated meat facility” after securing new funding. The company, which predominantly provides pet food groups with its cultivated meat products, announced on Thursday that it raised £10.4m in a Series A funding round. Meatly plans to ramp up its research and development capabilities follo…
UK to build Europe's largest cultivated meat facility after Meatly secures £10.4m Series A
Cultivated meat pioneer Meatly, Europe’s first company to sell cultivated meat, has today announced that it has raised £10.4 million in Series A funding. The new investment will be used to build Europe’s largest cultivated meat facility, marking a pivotal step in the sector’s transition from R&D to industrial scale. Three leading European VC funds have joined the company’s existing investors to support the next phase of Meatly’s growth. These in…
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