Nexture Bio acquires Matrix Food Technologies

© Matrix Food Technologies/Nexture Bio

Ingredients

Nexture Bio Acquires Plant-Based Edible Scaffold Producer Matrix Food Technologies

Nexture Bio, a producer of animal-component-free microcarriers, scaffolds, and cell-attachment factors for use as food ingredients, has acquired Matrix Food Technologies (Matrix F.T.). Matrix F.T. designs and manufactures plant-based, edible nanofiber scaffolds and microbeads for use in cultivated protein. Following the acquisition, the company’s patents, trade secrets, and data will be combined with Nexture Bio’s proprietary technology and industry expertise, enhancing the latter’s capabilities. With its expanded portfolio of high-performing adherent cell culture products, Nexture Bio hopes to reach a wider range of customers and partners worldwide, including in the food and life sciences industries. “Matrix F.T. had a robust portfolio of patents, large amounts of data on its animal-component-free and edible microcarrier and scaffold formulations, and a positive track record with a long list …

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Big Idea Ventures (BIV) launches Nexture Bio, Inc., a new player in biomaterial technologies developing scaffoldings to create whole-cut cultivated products.

© Big Idea Ventures

Cultivated Meat

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. …

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