NEW TECH FOODS

Re:meat, a company specialising in cultivated meat production, has successfully raised €1 million in an oversubscribed funding round, attracting investments from a diverse group of tech investors, family offices and business angels.

This funding will support Re:meat’s mission to transform meat production and enhance food system resilience in the face of global challenges, including climate change and geopolitical instability.

The funding round included notable backers such as Kristofer Forss, founder of Bastard Burgers; Judith Wolst, founder of SusTechable; and Erik Rosengren and Jon Persson, co-founders of Söderberg & Partners.

The participation of these influential investors highlights a growing commitment within the investment community to support sustainable food technologies.

Jacob Schaldemose Peterson, CEO of Re:meat, noted the importance of building resilient food systems to prepare for future crises.

“Readiness in SMEs of crisis starts with resilient food systems," he said. "By investing in our technology today, we are building a future where nations are better prepared, more self-sufficient and ready to face whatever geopolitical or climate-related challenges lie ahead.”

Re:meat aims to make cultivated meat both tasty and affordable, addressing one of the critical barriers to widespread adoption. The company’s modular, brewing-inspired technology is designed for cost efficiency, making it feasible for food businesses to integrate cultivated meat into everyday meals without the premium price tag typically associated with such products.

The funds raised will facilitate the launch of Scandinavia’s first 'Re:meatery,' a facility conceptualised as a 'meat brewery' led by a skilled 'meat master'. This innovative approach aims to streamline the production process and ensure a resilient protein supply for the future. Re:meat is actively inviting food businesses to sign up for the Re:meatery, positioning itself as a key player in the evolving protein landscape.

In addition to private investments, Re:meat has received support from STING, a start-up incubator, and was awarded the prestigious Vinnova grant aimed at accelerating deep-tech companies in fall 2024. These accolades underscore the company’s potential to significantly impact the cultivated meat sector and contribute to sustainability goals.