Mosa Meat Smashes Crowdfunding Goal, Raising €1.5M in Just 24 Minutes
Cultivated beef company Mosa Meat has quickly exceeded its crowdfunding goal, securing €1.5 million in just 24 minutes. Within a day, the campaign had reached more than 150% of its target, attracting over 800 new investors. The campaign will remain open until February 25 or until the maximum funding threshold is met. And as of right now, the company has raised over €2.5 million. The newly raised funds will be used to complete the final stages of research and development ahead of restaurant sales, support marketing efforts for the company’s first product launch, and finance the production of the first cultivated beef burgers intended for sale. CEO Maarten Bosch stated that the initiative was launched in response to ongoing interest from individuals wanting to invest …