US startup MeliBio has raised $850,000 in its pre-seed funding round. The funding will allow it to further develop and soft-launch its bee-free honey. Investors in the round included Big Idea Ventures, Joyance Partners, 18.ventures, and others.
Nexture Bio Enters US Market to Pioneer Scaffoldings for Cultivated Whole-Cuts
Big Idea Ventures (BIV) announces the launch of Nexture Bio, Inc., a new biomaterial company developing novel scaffoldings for whole-cut products and other technologies to support the cultivated meat industry. Nexture Bio is the third company launched by BIV’s Generation Food Rural Partners Fund (GFRP), an RBIC-licensed investment fund that collaborates with universities across the US to commercialize intellectual property innovations in food, protein, and agriculture. Its focus is to create new companies to provide growth capital to small businesses in rural areas of the country. GFRP’s new biomaterials company will use intellectual property licensed from various universities to develop solutions to enhance the taste and texture of cultivated meat products. “Our fund’s mandate is to create companies that provide solutions to the most challenging areas in Food and Agriculture. …