Meatiply raises funds to expand operations.

Chicken Yakitori prototype © Meatiply

Cultivated Meat

Meatiply Secures Funds to Expand Cell-Based Operations for Meat and Functional Ingredients

Meatiply, a Singapore-based cultivated meat startup, has reportedly raised $3.75 million in the first close of a seed funding round co-led by previous investor Wavemaker Partners and AgFunder with participation from Seeds Capital, the investment arm of Enterprise Singapore ( a government agency).  According to Benjamin Chua, co-founder and COO of Meatiply, the company is one of the few cultivated meat startups to raise seed funding this year. Despite the challenging conditions in climate investment, a second close is scheduled for Q1 2024. In 2022, the biotech secured $1 million in a pre-seed; with this round, the total raised capital amounts to $4.75 million.  Meatiply will commence operations at a new facility next year. With the newly raised capital, it will expand its R&D capabilities and …