Dutch cultured meat manufacturer Mosa Meat has raised a total of $ 85 million in the third and final closing of the Series B funding round. Investers are amongst others Nutreco, a global leader in animal nutrition and aquafeed, and Jitse Groen, CEO of Just Eat Takeaway.com.
“We’re happy to see all Series A investors have been included in this Series B round. “so Mosa Meat in a press release today. “The funding brings together major global investors with a wealth of knowledge which will help us scale up real beef production in a sustainable and safe way.”
Mosa meat will use the funds to extend the current pilot production facility in Maastricht (NL), develop an industrial-sized production line, expand the team, and introduce cultivated beef to consumers.
Work is being done with the technology from Mosa Meat on a better way to produce real beef. They have grown this beef with real cow cells. The process is made up of several steps.
First of all, cells are taken from the muscles of an animal. The removed cells are placed in a medium containing several nutrients. They can continue to grow here in the same way as they would in the animal. The process takes place without any genetic modification. According to Mosa Meat, cultured meat would use up to 99 percent less land than regular meat production and 96 percent less water.
Innovation Origins previously reported on the Limburg start-up back in 2018: Swiss Meat Producer is investing in Dutch cultured meat company Mosa Meat
