Animal feed maker Nutreco and Just Eat Takeway founder Jitse Groen are among the investors who have pumped a further $10m into Mosa Meat, the Dutch food technology company which is working to produce cultivated hamburgers.
The third funding round means investors have now put $85m into the company, which, it says, ‘will help Mosa Meat scale up real beef production in a sustainable and safe way’.
Mosa Meat will use the funds to extend its current pilot production facility at its home in Maastricht, develop an industrial-sized production line, expand its team, and introduce cultivated beef to consumers, the company said on Tuesday.
The new funding round was led by food technology fund Blue Horizon Ventures, which also put millions of euros into the company last November.
Mosa Meats was founded in 2013 after Dutch researcher Mark Post showcased the first burger on live television in London; the project had been funded by Sergey Brin, a co-founder of Google.
The research had involved extracting cells from living cattle and growing them under laboratory conditions into strips of meat that were then combined into a single beef burger.
By extracting one sample of cells from a cow Mosa Meats claims it can produce 80,00 quarter pounder burgers.
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