Moolec Science, a global Ag-Foodtech company based in the UK whose purpose is improving the affordability of animal-free food solutions, presents its latest two developments which join its working portfolio of meat analogs made with blends of soybean with selected porcine proteins and pea with bovine proteins.
$504M Moolec to Become “World’s First” Molecular Farming FoodTech Listed on Nasdaq
Moolec Science has entered a new business agreement that will see it become the first molecular farming foodtech to be listed on Nasdaq. The foodtech ingredient pioneer is aiming to become a category creator in the alternative protein landscape and has entered a definitive business combination agreement with LightJump Acquisition Corp, a special purpose acquisition company. UK-based Moolec focuses on developing real animal proteins in plants using molecular farming; a scalable, affordable, and sustainable technology which is the production of animal proteins using plants as small factories. The transaction sets Moolec’s proforma equity value at $504 million and upon closing the combined company is expected to be listed on Nasdaq under the ticker symbol “MLEC”. Targeting the rapidly expanding alt protein sector, Moolec claims its …
