NovaMeat

S2 EP1 Investment Climate Podcast NovaMeat

Investment Climate Podcast

Investments & Finance

Investment Climate Podcast: Giuseppe Scionti of NovaMeat

In this podcast series, Alex Shandrovsky interviews investors about benchmarks for funding alt proteins in 2024 and uncovers the investment playbooks of successful climate tech CEOs and leading VCs. Podcast Host Alex Shandrovksy is a strategic advisor to numerous global food tech accelerators and companies, including alternative proteins and cellular agriculture leaders. His focus is on investor relations and post-raise scale for agrifood tech companies. Series 2 Episode 1: Giuseppe Scionti of NovaMeat In this episode, Alex talks to Giuseppe, CEO and Founder of NovaMeat, a food tech company based in Barcelona that focuses on creating next-generation plant-based meat alternatives (whole cuts, deli cuts, and shredded cuts. Giuseppe emphasizes the importance of long-term relationship-building with investors and the concept of lines versus dots. The key …

more

Novameat shredded beef

© Novameat
Investments & Finance

Novameat Secures €17.4M in Oversubscribed Round, Launches Improved Shredded Plant-Based Beef

Barcelona’s Novameat, a B2B company specializing in different cuts of plant-based chicken, beef, and turkey, announces it has raised €17.4 million in an oversubscribed Series A round led by Sofinnova Partners and Forbion via its BioEconomy Fund. Existing investors like Unovis Asset Management, Praesidium, and Rubio Impact Ventures also reinvested, betting on the company’s realistic alternatives to meat. The new capital will allow Novameat to expand its product range, including the launch of a new, improved shredded plant-based beef product — Shredded Nova-b*ef — on September 16th. The funds will also help boost commercial activities in new regions and scale production using its proprietary MicroForce technology. Giuseppe Scionti, CEO and founder of Novameat, commented, “This funding marks a significant milestone in our journey, and we …

more

juicy marbles' plant-based whole cut loin pictured on a wooden board and being cut by a man

© Juicy Marbles
Meat- and Fish Alternatives

6 Innovators Disrupting Steak With Plants in Europe

Following our recent article on the steak alternatives available in North America, we take a look at the innovative brands disrupting steak in Europe. Not so long ago, most meat alternatives were limited to minced products such as sausages and burgers. But with technology progressing at an astonishing rate, consumers can now enjoy a range of whole-cut products, making it easier than ever to avoid meat. Here we give six examples of steak made from plants, currently available on the European market, and one more that is soon to arrive. 1. Vivera In 2018, Dutch brand Vivera became one of the first producers worldwide to launch plant-based steak. The product made its debut at UK supermarket chain Tesco, where 40,000 were sold in a single …

more

Topics:

four heura chorizos on a plate

© Heura
Investments & Finance

Spain’s Alternative Protein Sector Stands Out Among Food Tech Investments in 2022

In 2022, Spain remained prominent among the top ten European food tech countries according to Eatable Adventures’ report, The State of Foodtech in Spain 2022. Here we take a look at some top-ranking Spanish alt food brands in terms of investments including Heura, Cocuus, Innomy, Cubiq, and Novameat. This year, the total investment figure for food tech in Spain stands at 268 million euros, an increase of 9.38% compared to the previous year, not counting the investment round achieved by Glovo (450 million euros), says the report. Series A rounds saw an increase, growing by nearly 20%, 5 points more than in 2021. According to Eatable Adventures, the emergence of the alternative protein sector stands out among significant investments rounds in 2022, with three startups …

more

novameat's steak

© Novameat
Investments & Finance

Novameat Secures $6M in Pre-Series A to Accelerate Whole Cut Plant-Based Steak

Spanish biotech startup Novameat has raised $6.4 million in Pre-Series A funding to scale whole cuts of plant-based meat. The startup plans to use the funds to bring its steaks and tenderloin to market this year, says Forbes.  Based in Barcelona, Novameat creates whole cut plant-based versions of beef, pork and chicken using several forms of technology, including proprietary 3D printing and microextrusion techniques. In 2018, Novameat unveiled the world’s first 3D printed plant-based steak, followed by a more sophisticated whole muscle beef steak in 2020.  Higher-speed production To create highly texturized meat alternatives, the company has continuously worked to improve its prototypes and production technology. According to CEO and bioengineer Giuseppi Scionti, Novameat is currently capable of producing 500kg of plant-based whole cuts per hour …

more

Topics:

NovaMeat

© NovaMeat
Printed Technology

NovaMeat to Showcase 3D Printed Steaks at Alt Protein Conference 9th September

The Future of Meat: Hybrid is the theme of this year’s Alt Protein Conference, organised by Protein Directory and Cell Agri. Experts in the field of proteins of the future will be speaking, including Giuseppe Scionti, CEO and founder of NovaMeat, a Spanish company that develops plant-based and 3D cellular meat. The focus of the event is on companies that are transforming the future of meat through cultured and plant-based meat, referring to the future of meat as hybrid. According to the event’s official website, attendees will be able to learn “about the key business opportunities in alternative proteins as the field moves towards hybrid products and network with business leaders and scientists from both cellular agriculture and the plant-based alternative protein industry.” The event …

more

NovaMeat pork skewer

Image supplied by NovaMeat

Science

As a Global Meat Shortage Looms and Consumers Turn Away From Meat, Nova Meat Reveals 3D Printed Pork

During a week when the world is experiencing supply problems which have seen Tyson boss John Tyson stating in the NY Times that the “food supply chain is breaking,” Italian bioengineer Giuseppe Scionti tells vegconomist that his startup Nova Meats has developed realistic 3D plant-based pork with the texture and appearance of pork meat.

more

Topics: