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Today: September 22, 2024
March 28, 2024
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Orbillion Bio Raises Funds for Revolutionary Algorithm-Based Beef Production


TLDR:

Orbillion Bio has secured venture capital funding to further develop its predictive model for cultivated meat, focusing on creating ground beef that merges meat with plant-based ingredients. The company achieved a significant milestone by successfully conducting a large-scale production run of its cultivated beef product. Orbillion’s predictive modeling platform enables reliable simulation of media and bioprocess parameters, reducing risks and ensuring predictability in scale-up processes. The company is establishing manufacturing partnerships to scale up production to 4 million pounds annually.

Article Summary:

Meat startup Orbillion Bio has secured funding to develop its predictive model for cultivated meat. Specializing in heritage breed meats like Wagyu, elk, and lamb, the company aims to bring a product to market within a year. The funding round was led by The Venture Collective and At One Ventures, with support from YCombinator, Metaplanet, and other investors, bringing the total raised funds to $15 million.

Orbillion Bio’s focus is on “bioware” rather than physical equipment, utilizing advanced computational models to enhance cell lines and growth media. The company achieved a significant milestone by successfully conducting a large-scale production run of its cultivated beef product, proving the capability of its algorithm to convert 2D culture into 3D culture quickly and cost-effectively.

The company’s predictive modeling platform enables reliable simulation of media and bioprocess parameters, reducing risks in scale-up processes. Orbillion is establishing manufacturing partnerships to scale up production to 4 million pounds of meat annually. They also have a female-majority board and have added a new scientific advisor, Ana Piekarz, to their team.

With the fresh funding and top-tier talent, Orbillion is ready to establish strategic alliances as a B2B provider of cultivated meat, aiming to expand beyond their current partnership to serve different markets globally.


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