Startup New Age Meats producing cultured meat has raises $2M for developing cultivated pork. CEO said "Food science is extremely important to our overall mission, We make meat that consumers favor to conventional meat. That requires us to capitalize in understanding how we perceive animal protein. What is the science behind the experience of seeing, smelling, and eating tasty meat? The mission of our company is to make harmless meat without butchery, but we will never be successful unless our products are enjoyable. With an expanded food science department, we are able to deliver on that promise."
This additional funding from Tech U Ventures will provide new age meat push to further expand its food science division, more automation and robotics, with dropping cost of "pork sausage" 1st product. Follow on tech u venture, the firm also welcomed investments from SOSV, Sand Hills Angles, Siddhi Capital, and Losa group from central America as well.
Impossible foods ,Beyond meat were some of the rivals to NAM in early plyers in meat alternatives. Animal Alternative and Eat Jus's Good Meat announce around $97M of funding last week, shows Cultured meat attracting venture capital .