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Today: October 5, 2024
April 24, 2024
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Berlin’s Cultimate Foods secures €23M investment to revolutionize meat industry


TLDR:

  • Cultimate Foods raised €2.3 million in seed funding to scale up production
  • The company creates a game-changing alternative fat ingredient for plant-based products

Berlin-based Cultimate Foods, a biotech startup, recently closed a €2.3 million seed round led by High-Tech Gründerfonds (HTGF) to expand its production processes and commercial collaborations. Founded in 2022, the company aims to bring authentic meaty flavors to plant-based products by supplying a cell-cultivated premium fat ingredient to the alternative meat industry. This innovative approach addresses the taste barrier in plant-based products. Cultimate Foods has run commercial pilots with industry leaders and received support from investors like Life Science Valley Wachstumsfonds, b.value AG, Kale United, and Big Idea Ventures. The company’s focus on cutting down on unethical intensive animal farming and reducing CO2 emissions aligns with the growing demand for sustainable food alternatives.


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