3 years ago

Bright Biotech Raises $3.2M to Scale Cultivated Meat Production

  • Manchester-based startup Bright Biotech has secured $3.2 million in funding led by FoodLabs, with participation from Big Idea Ventures, CPT Capital, the FoodHack syndicate, and business angels

  • The funding will be used to advance R&D for a new genetic engineering method for growth factors, expand its team, and scale manufacturing operations

  • Bright Biotech's technology aims to produce bulk quantities of cultivated meat at a reduced cost, enabling the industry to achieve price parity.

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