Aleph Farms Accelerates Global Growth with $29M to Expand Production and Improve Efficiency
Israeli cultivated meat producer Aleph Farms has raised $29 million in a funding round to expand production capacity and implement a revised biomanufacturing process. The round includes $22 million through a Simple Agreement for Future Equity (SAFE) and an additional $7 million from existing investors. The company expects to raise a further $10–15 million in the coming months as part of the same round. The capital will support the expansion of Aleph’s pilot facility in Rehovot, Israel, and the development of intermediate-scale production sites in Europe and Asia. These new facilities are intended to operate under the company’s updated ‘1.2’ production platform, which combines cell proliferation and differentiation in a single bioreactor. The updated method removes the need for scaffolding and a secondary tissue bioreactor, …