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Can the cultured meat sector get conventional farmers on board? Is there opportunity for the conventional and cell-based meat industries to collaborate? Cultivated fat and scaffolding experts weigh in. The cultured meat sector is making headway. Technological advancements are helping start-ups overcome two of their key challenges: lowering costs and increasing scale. And the world’s first regulatory approval of a cultivated meat product, in Singapore last year, has buoyed hopes for international commercialisation. However, with aspirations of significantly disrupting the conventional meat industry, the cultivated sector may face a few more hurdles yet. Conventional meat production is well established across the globe, with approximately 70bn animals reared for food each year. ....
Matrix Meats, Inc., a Columbus, Ohio-based maker of nanofiber scaffolds for the cultivating of meat products, closed a seed stage funding round of undisclosed amount. The round was led by Unovis Asset Management with participation from CPT Capital, Siddhi Capital, Clear Current Capital and a special purpose vehicle (SPV) led by the Ikove Startup Nursery Fund. The company intends to use the funds to expand its scientific, manufacturing and business development teams, intensify the acquisition of customer/partners and further develop key strategic relationships within the cultivated meat market. Led by CEO Eric Jenkusky, and CTO Dr. Jed Johnson, Matrix Meats is a designer and manufacturer of the foremost nano-fiber scaffolds to enable the production of clean and environmentally friendly cultured meat. The company was born of a joint venture partnership between the Ikove Startup Nursery and Nanofiber Solutions and has active development relationships with 14 cultivate ....
Matrix Meats Completes Seed Stage Round Leading Cultivated Meat Investors back industry enabling nanofiber scaffold technology News provided by Share this article Share this article COLUMBUS, Ohio, Dec. 21, 2020 /PRNewswire/ Matrix Meats, Inc., the leader in the development of industry enabling nanofiber scaffolds for the cultivating of meat products reported the completion of its seed stage round today. This funding, which was oversubscribed, will allow the company to expand its scientific, manufacturing and business development teams, intensify the acquisition of customer/partners and further develop key strategic relationships within the cultivated meat market. The Seed Stage round was led by Unovis Asset Management and further supported by CPT Capital, Siddhi Capital, Clear Current Capital and a special purpose vehicle (SPV) led by the Ikove Startup Nursery Fund. Matrix Meats was born of a joint venture partnership between the Ikove Startup Nursery an ....