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Successful first completion of EUR 47m funding as part of a larger Series B financing round of Dutch based Mosa Meat, led by Blue Horizon Ventures.
Mosa Meat will use the funds to extend its current pilot production facility, develop an industrial-sized production line, expand its team, and introduce delicious cultivated beef to consumers. Co-investors in this round are among others Bell Food Group, Nutreco, Merck Ventures and Agronomics.
Mosa Meat is a Netherlands-based food technology company pioneering a cleaner, kinder way of making real beef. Mosa Meat's founders, Mark Post and Peter Verstrate, introduced the world's first cultivated beef hamburger in 2013, by growing it naturally from cow cells. Founded in 2016, Mosa Meat is now scaling up production of the same beef that people love, but that's kinder to animals, better for the environment, and safer to eat.
Read more here.
PwC Deals supported Blue Horizon with a Red Flag Financial and Tax Due Diligence.