Aleph Farms Ltd., co-founded in Israel by The Kitchen Hub, the first company to grow real meat cuts directly from cattle cells, announces it has raised US$12M in series A investments. This new influx of support includes a blend of classic venture capitalists and strategic partners.
Aleph Farms Expands Production Capacity in Israel and Singapore for Cultivated Beef Steaks
Aleph Farms, which claims to be the first company to grow cultivated meat from non-modified cells, has announced strategic manufacturing agreements that will allow the company to scale and further commercialize its cultivated beef steaks in Israel and Singapore. “Israel and Singapore are the first two markets where we intend to launch our cultivated thin-cut steak. Building up production capacity quickly in those locations while keeping capital investment lean provides a clear roadmap to scalability,” said Didier Toubia, CEO and co-founder of Aleph Farms. Both countries are motivated by similar concerns around sustainability, food security, and animal welfare and have been actively fomenting the development and growth of their alt protein industry. Producing in Israel Aleph Farms has announced acquiring a manufacturing facility in Modi’in, Israel, …