Business
Cellivate Technologies wins SGD 4.15m on reality TV show

Phoebe Fraser
8 July 2024
8 July 2024
Cellivate Technologies wins SGD 4.15m on reality TV show

Singapore-based start-up Cellivate Technologies has emerged as the top winner of Channel News Asia’s (CNA) business reality show, The Big Spark, taking home $3.3 million.
Cellivate Technologies develops cellular solutions for cell-based meat, leather and cruelty-free cosmetics. The company won CNA’s show, competing against 24 regional start-ups, and is set to receive SGD 4.15 million (approx. $3.1 million) in funding from five venture capital companies. The investment firms include Singapore’s Antler and Rigel-Farro Capital, which CNA said will support Cellivate with SGD 3.3 million (approx. $2.45 million).
At The Big Spark, Cellivate’s CEO and founder Viknish Krishnan-Kutty said that the funds would expand R&D, production capabilities and the company’s team, adding a commercial unit for business growth.
Krishnan-Kutty founded Cellivate Technologies in 2019 as a spin-off from the National University of Singapore to reduce animal slaughter by using cells to create animal-free products.
Initially, the start-up focused on FBS-free media and microcarriers for cell-based meat companies, before expanding into cosmetics and cultivated leather.
#CellivateTechnologies #Singapore
Related news
Cell AgriTech to open Singapore pilot plant for cultivated meat production
Cell AgriTech has announced that its new pilot plant in Singapore will become operational by August 2025.
Meatable and TruMeat partner to advance cultivated meat production in Singapore
Dutch cultivated meat company Meatable has entered a strategic partnership with TruMeat to accelerate the global commercialisation of cultivated meat.
Ajinomoto expands solein-powered ice cream line in Singapore
Ajinomoto Group launches Solein-powered ice creams in Singapore under Atlr.72, meeting demand for healthier, sustainable products.
Business
Cellivate Technologies wins SGD 4.15m on reality TV show

Phoebe Fraser
8 July 2024