Berkeley-based cultured meat company, New Age Meats, announced yesterday the closing of $2.7 million in seed round funding, led by New York’s ff Venture Capital,with participation from Agronomics Ltd, Sand Hill Angels, Supernode Ventures, Hemisphere Ventures, and Kairos Ventures.
New Age Meats was founded in 2018 and is a graduate of IndieBio’s accelerator program. The company aims to develop technology to make meat from animal cells instead of animal slaughter by using automation and data science in stem cell research and bioreactor optimization.
Brian Spears, CEO and founder, said: “This funding enables us to grow our team, invest in automation equipment, and iterate our unique cultivators we design in house. We can’t wait to share tasty, sustainable cultivated meat with avid meat eaters.”
AJ Plotkin, Partner at ff Venture Capital, said: “As a firm we focus on transformative technologies and visionary founders. We’ve found that in Brian and the team at New Age Meats. We are confident cultivated meat will be part of the food economy long term.”