As Meatable Shuts Down, Mosa Meat Lands €15M; Achieves 99.999% Worth Decrease From Its €250k First Burger

Maastricht-based cultivated meat startup Mosa Meat has secured an additional €15 million in funding to fuel its subsequent part of regulatory market approvals and first very important earnings expertise. 

This financing spherical was supported by Make investments-NL (backed by a guarantee from InvestEU), LIOF, PHW Group, and Jitse Groen, founder and CEO of Merely Eat Takeaway.com.

Victor Meijer, funding principal at InvestNL, said, “Cultivated meat is a crucial ingredient throughout the protein transition wished to reduce the affect of livestock farming. As in any rising sector, investing in cultivated meat is tough and requires stamina. Mosa Meat has constructed a strong foundation and is taking clear steps in direction of commercialisation.”

This extension follows a €40 million spherical raised in 2024 and a crowdfunding advertising marketing campaign that every exceeded targets. This brings the total capital raised by the company over the earlier two years to €58 million.

Apart from securing the capital, Mosa Meat talked about that it has achieved one different important milestone. 

Once more in 2013, the Dutch startup launched the world’s first cultivated beef burger in London with a hefty price tag of €250k. It was a proof of thought meant to point the world that rising meat from cells was potential. The company claims that it has achieved a 99.999% worth low cost compared with that first burger.

Maarten Bosch, CEO of Mosa Meat, said, “As soon as we launched the first cultivated burger, it was a €250k proof of thought. Within the current day, through fundamental scientific breakthroughs and scaling efficiencies, we’re producing burgers at a value degree ready for restaurant menus. 

“With the backing of our world-class merchants, now we now have effectively turned a science problem proper right into a tasty and fairly priced product with out compromising on our genuine imaginative and prescient.”

This info comes only some days after it was launched that Leiden-based Meatable will shut down after failing to secure current funding.

Based mostly in 2016 by Mark Put up and Peter Verstrate, Mosa Meat is a FoodTech agency engaged on a cleaner, kinder methodology of making precise beef. The company in the mean time has regulatory dossiers under consider within the UK, the European Union, Switzerland and Singapore. It was moreover simply these days chosen for the UK’s regulatory “Sandbox” programme, supported by the Division for Science, Innovation and Experience. 

“Working alongside the Cell Agriculture Netherlands (CAN) foundation, Mosa Meat was simply these days outlined as a collaborating affiliate in a strategic native climate know-how problem throughout the influential Dutch ‘Wennink Report.’ Consequently, Mosa Meat’s work is positioned to study from nationwide supporting mechanisms that align public-private financing and regulatory reform to hurry up the Netherlands’ transition to sustainable progress,” the company talked about throughout the press launch. 

Mosa Meat is backed by merchants, along with Lowercarbon Capital, M Ventures, Bell Meals Group, Nutreco, PHW Group, Mitsubishi Firm, Collateral Good Ventures, Leonardo DiCaprio and others. The Academy Award-winning actor joined Mosa Meat as an advisor and investor once more in 2021.