Mosa Meat, maker of the world’s first cultured beef hamburger, has closed a $55 million series B funding round. The company will use the funds to extend its current pilot production facility in Maastricht, Netherlands, develop an industrial-sized production line, expand its team, and introduce its product to more customers.
With the new funds, CEO Maarten Bosch said that the company has “the opportunity to take the next concrete steps to scale production, make progress towards a cleaner, kinder way of making real beef, and ultimately increase the resilience, sustainability, and safety of our global food system.”
Related: Kroger's Drives Plant-Based Meat Sales in Integrated Set; Beyond Meat to Double Distribution of Beyond Sausage.
Photo credit: Mosa Meat
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