Singapore-based startup biotech company Turtle Tree Labs, developing the “world’s first cell-based milk”, has announced the completion of a fresh round of seed funding totalling US$£3.2M, from global investors.
Roslin Tech Raises £11M, Aims to Be Leading Animal Cell Line Provider for Cultivated Meat
Scotland’s Roslin Technologies has raised £11 million in a Series A funding round, fuelling its mission to become the leading provider of animal cell lines for use in cultivated meat. The round was led by life sciences investor Novo Holdings. Roslin is notable for being the only commercial supplier of pluripotent stem cells, which can self-renew infinitely and grow into numerous types of animal tissue. The company already supplies customers in North America, Europe, Asia, and the Middle East. With the help of the funding, Roslin will expand its cell line portfolio and further develop protocols to scale up its cells into cost-competitive biomass for meat production. Accelerating development In the summer of 2021, Roslin appointed new CEO Ernst van Orsouw in order to begin …