THE NETHERLANDS, Maastricht. Mosa Meat, the European food technology company that introduced the world's first cultivated beef hamburger in 2013, announced the third and last closing of its Series B funding. This third closing of $ 10 mill. brings the total raised in the round to $ 85 mill.
Investors in this last closing include new and existing investors like Nutreco, a global leader in animal nutrition and aquafeed, and Jitse Groen, CEO of Just Eat Takeaway.com. The funding brings together leading global investors with a wealth of knowledge which will help Mosa Meat scale up real beef production in a sustainable and safe way.
The start-up will use the funds to extend its current pilot production facility at its home in Maastricht, develop an industrial-sized production line, expand its team, and introduce delicious cultivated beef to consumers.