4 years ago

Hoxton Farms Secures £2.7 Million Seed Funding for Sustainable Fat Cultivation

  • Hoxton Farms, a London-based startup focused on cultivating animal fat, secured £2.7 million in seed funding

  • The round was led by Founders Fund and included participation from Backed, Presight Capital, CPT Capital, Sustainable Food Ventures, and angel investors

  • Hoxton Farms intends to use the funds to develop a proof of concept of its production platform and establish customer partnerships

  • The company is led by Dr Max Jamilly, a synthetic biologist, and Ed Steele, a mathematician, who are aiming to grow purified animal fat in cultivators, providing a sustainable alternative to traditional fat sources.

      • ProblemTechnology

      "The current way of producing animal fat relies on raising and slaughtering animals, which is inefficient, unsustainable, and raises ethical concerns."

      Solution

      "Hoxton Farms is developing a technology to grow purified animal fat in cultivators. This eliminates the need for animal agriculture, making it a more sustainable and ethical alternative."

      Covered on