3 years ago
Roslin Technologies Secures £11 Million in Series A Funding to Advance Cultivated Meat
Roslin Technologies, a UK-based food and ag tech company focused on cultivated meat, has secured £11 million in Series A funding
Led by Novo Holdings, the round saw participation from Kairos Capital Group, Nutreco, Future Planet Capital, Esco Lifesciences, and Alchimia
The funding will be used to accelerate growth, expand Roslin Tech's cell line portfolio, enhance scaling protocols, and invest in its insect venture
Roslin Technologies specializes in developing and commercializing animal stem cells for the global cultivated meat industry
Their pluripotent animal stem cells, capable of self-renewal and differentiation, are available to meat producers worldwide
Roslin Tech has customers in North America, Europe, Asia, and the Middle East.
ProblemAgriculture
"The company is addressing the challenge of providing high-quality, sustainable animal-derived products by developing and commercializing animal stem cells for the cultivated meat industry."
Solution
"Roslin Technologies offers a solution to the growing demand for sustainable meat products by providing pluripotent animal stem cells that can be used by cultivated meat producers to create meat products without the need for traditional animal farming."