Series B funding completed at $85 million

We’re very excited to announce the third and final closing of our Series B fundraising. This third closing brings the total raised in this round to $85 million. It enables us to extend our current pilot production facility in Maastricht, develop an industrial-sized production line, expand our team, and introduce delicious cultivated beef to consumers.

In this last closing, we welcome new and existing partners, including Nutreco, a global leader in animal nutrition and aquafeed. With over 100 years of experience, Nutreco identifies, develops and invests in next-generation breakthrough innovations, supporting their mission ‘Feeding the Future’.

It also includes Jitse Groen, CEO of Just Eat Takeaway.com – a leading online food delivery marketplace that connects consumers and restaurants through its platform in 23 countries. 

The Series B funding round is led by Luxembourg-based Blue Horizon Ventures, the food technology fund that aims to support and promote a positive global impact on the environment, human health, and animal welfare.

We welcome this strong group of mission-aligned investors following our Series A funding in 2018, which was led by M Ventures and Bell Food Group. And we are happy to share that all Series A investors have joined this latest round. 

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