Alternatives: Mosa Meat completes $ 85 mill. ...
Alternatives

Mosa Meat completes $ 85 mill. investment round

Mosa Meat
Pilot production facility of Mosa Meat in Maastricht.
Pilot production facility of Mosa Meat in Maastricht.

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.

Source: Mosa Meat
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