Venture capital funding to the cultivated meat industry has largely followed other industries in fewer investments made this year; however, there’s still movement in this sector yet.
Here in the United States, cultivated meat companies saw regulatory doors open widely after the Food and Drug Administration cleared Upside Foods and Good Meat in June to sell their cultivated chicken products across the country, and now both are in restaurants. In that same month, Omeat came out of stealth with its technology for making beef.
Europe is heating up as well. Just last week, Israel-based Aleph Farms submitted an application in the United Kingdom to sell its cultivated beef steaks under the Aleph Cuts brand in that country. This followed Aleph’s application submitted July 26 for regulatory approval in Switzerland. Meanwhile, U.K.-based Uncommon, formerly known as Higher Steaks, which also makes a wide assortment of cultivated meats, grabbed $30 million in Series A funding.
Now Meatable, based in The Netherlands, is adding to that excitement with the announcement of $35 million of its own new financing. The company, initially making pork products, has now raised $95 million in total fu …
