Mosa Meat raises €40 million in new funding

The oversubscribed investment round was led by Lowercarbon Capital and MVentures. Among the investors are new government-funded parties, such as Invest-NL, the Dutch impact investor, partly covered by InvestEU, the European Commission's programme that supports initiatives in line with European policy priorities, LIOF, regional development company for Limburg, and the Limburg Energy Fund (LEF), the regional fund that invests in projects and companies that contribute to the reduction of CO2 emissions. New partners with a background in the conventional meat sector also joined, including PHW Group, one of Europe's largest poultry producers. XO Ventures and several other new partners also joined existing investors to create a more diverse and resilient food system.

Maarten Bosch, CEO of Mosa Meat, said: “The macroeconomic situation has deteriorated over the past two years, creating challenges for our entire sector. As Mosa Meat, this has made us even more strategic and focused on achieving our mission. We are therefore delighted and honoured to welcome both public parties and conventional meat producers as new partners and investors. In an increasingly polarised environment, we choose to connect and collaborate, building a future in which cultivated beef is a real choice for consumers and one of the complementary solutions we have at our disposal to combat the climate crisis and loss of biodiversity. Organising our food system in such a way that we can continue to produce good food for a growing world population without causing irreparable damage to the planet is a huge challenge, one that will require a large number of people and organisations to work together.

After opening and successfully commissioning a scale-up facility and becoming a B Corp last year, Mosa Meat is currently preparing its first formal tastings of cultivated beef in the Netherlands.

____________________________________________________________________

Mosa Meat is a Dutch pioneer in the field of cultured meat; a cleaner and more sustainable way to produce real beef. Founders Mark Post and Peter Verstrate introduced the world's first cultured beef burger in 2013, grown naturally from cow cells. Mosa Meat was founded in 2016 and is currently expanding its capacity to produce exactly the same beef that people enjoy every day, but in a way that is better for people, animals and the planet. Mosa Meat's diverse

Our growing team's mission is to fundamentally reform the global food system. Mosa Meat, headquartered in Maastricht, is supported by investors such as Lowercarbon Capital, M Ventures, Invest-NL, LIOF, Bell Food Group, PHW Group, Nutreco, Mitsubishi Corporation, Leonardo DiCaprio and other prominent investors.

Back to news overview