2 years ago
Uncommon Secures €28 Million to Scale Cultivated Pork Production
Uncommon, a Cambridge-based startup specializing in cultivated pork, has raised €28 million in Series A funding, bringing its total funding to €32.5 million
The funding will be used to reduce the cost of goods, apply for regulatory approval, scale up production, and expand the team
Balderton Capital and Lowercarbon led the round, with participation from Red Alpine, East Alpha, and previous investors Max and Sam Altman, Miray Zaki, and Sebastiano Castiglioni
Uncommon's unique approach using RNA technologies aims to create delicious and affordable cultivated bacon and pork belly, offering a sustainable alternative to traditional meat production.
ProblemFood and Beverage
"Consumers are well aware of the many problems associated with the meat industry, including environmental costs and animal cruelty."
Solution
"Uncommon uses RNA technologies and cell-based agriculture to create cultivated pork and bacon, offering a sustainable and healthier alternative to traditional meat."