Australian cultured meat startup Vow Foods, producer of traditional meats as well as more obscure meats like kangaroo, alpaca and water buffalo, recently announced the closing of an oversubscribed $6 million seed, to further research and develop its cultured meat products to surpass conventional meat in quality and taste.
Australia’s Vow Raises Record US$49.2M, Will Launch Cultivated Quail
Australia’s Vow has announced a $49.2 million (A$73.5 million) funding round, which it claims is the largest ever Series A for a cultivated meat startup. Vow says it is now on track to offer its first product, cultivated quail, at Singaporean restaurants by the end of the year. The product will be available for tasting on a limited basis under the brand name Morsel. At present, Singapore is the only country to have approved the sale of cultivated meat, but Vow also plans to seek regulatory approval in Australia and the US. The round was led by Blackbird and Prosperity 7 Ventures, with participation from Toyota Ventures, Square Peg, Grok, and more. It follows Vow’s oversubscribed $6 million seed round in January 2021. The funds …