Israeli Aleph Farms, which develops technologies for the production of "test tube" meat, has raised $ 11.65 million
The Israeli company Aleph Farms, which is developing a technology for the production of edible meat “from the tube”, closed a round of financing with a result of $ 11.65 million. The venture fund Vis Vires New Protein was the lead investor; Cargill and M-Industry have also been invested. Earlier, Aleph Farms had already received $ 2.25 million from The Kitchen incubator (which was its co-founder in 2017), Peregrine Ventures, CPT Capital and New Crop Capital.
In Aleph Farms they learned how to create a full-fledged beef from the muscle cells of cows with the same taste, smell and texture as in meat produced in the traditional way. The company's technology does not provide for the use of GMOs; It is based on the use of natural regeneration processes that occur in living muscles.
This removes a lot of problems, of which the ethical (the need to kill cows) is the least. More importantly, the meat produced does not contain antibiotics; this reduces the production chain and reduces the pressure on the environment. In the future, this will save the planet’s resources and at the same time provide a growing number of its inhabitants with quality meat.
In December, Aleph Farms has already shown a prototype of its product - meat grown in its laboratory. Now, thanks to the investment received, it can be brought to the market. The company promises to work closely with regulators, such as the FDA in the United States, so that they can be convinced of the safety of meat "from the tube" and its compliance with standards.
')
It remains to add that this year the American company Beyond Meat, which also produces artificial meat, entered the IPO. Since its inception, the company, founded by Eitan Brown in 2009, has raised $ 122 million in investment from many investors, including Bill Gates and Leonardo DiCaprio. As a result of the IPO, the company raised $ 240 million, and currently Beyond Meat has a market capitalization of almost $ 6 billion.
It all looks pretty cool, so we wish Aleph Farms good luck :)
More news about Israeli startups in my tlgrm channel https://t.me/InvestToIsrael
In Aleph Farms they learned how to create a full-fledged beef from the muscle cells of cows with the same taste, smell and texture as in meat produced in the traditional way. The company's technology does not provide for the use of GMOs; It is based on the use of natural regeneration processes that occur in living muscles.
This removes a lot of problems, of which the ethical (the need to kill cows) is the least. More importantly, the meat produced does not contain antibiotics; this reduces the production chain and reduces the pressure on the environment. In the future, this will save the planet’s resources and at the same time provide a growing number of its inhabitants with quality meat.
In December, Aleph Farms has already shown a prototype of its product - meat grown in its laboratory. Now, thanks to the investment received, it can be brought to the market. The company promises to work closely with regulators, such as the FDA in the United States, so that they can be convinced of the safety of meat "from the tube" and its compliance with standards.
')
It remains to add that this year the American company Beyond Meat, which also produces artificial meat, entered the IPO. Since its inception, the company, founded by Eitan Brown in 2009, has raised $ 122 million in investment from many investors, including Bill Gates and Leonardo DiCaprio. As a result of the IPO, the company raised $ 240 million, and currently Beyond Meat has a market capitalization of almost $ 6 billion.
It all looks pretty cool, so we wish Aleph Farms good luck :)
More news about Israeli startups in my tlgrm channel https://t.me/InvestToIsrael
Source: https://habr.com/ru/post/454686/
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