Estonia’s Gelatex Technologies has raised €1.2 million to fuel its innovative approach to cultivated meat scaffolds. The startup’s technology has the potential to slash the cost of cultivated meat.
Novel Farms Raises $1.4M in Pre-Seed Round for First Marbled Cultivated Pork Loin
Novel Farms, a food technology startup, announces a $1.4M pre-seed funding round and reveals it has created the world’s first marbled cultivated pork loin. According to the startup, its loin showcases the marbling and texture of a real muscle cut, making it one of the few cell-based meat companies to successfully create a structured meat prototype. Founded in 2020 by Nieves Martinez Marshall, PhD and Michelle Lu, PhD, the company says its pork loin can scale more efficiently than other cultivated meats thanks to its edible and highly customizable scaffolds. Developed with Novel’s proprietary microbial fermentation, these lower-cost scaffolds provide a structure for the attachment of cultured meat cells, without the need for costlier biomaterials such as alginate, mycelium or cellulose. These newer scaffolds are …