Lab-made meat startup Supermeat raises $3 million

Israeli food tech startup SuperMeat has secured $3mn in seed funding as it aims to bring its lab-grown “clean chicken” products to market in the very near future.  

Backing Supermeat is US-based venture capital fund New Crop Capital and Stray Dog Capital who have previously backed big names in the alternative protein field such as Beyond Meat and SunFed. 

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Based in Tel-Aviv, Supermeat’s products are produced by growing cells that have been extracted from a chicken. The cells are then grown n conditions that allow them it thrive, forming high-quality poultry cuts. 

The process aims to put an end to the industrial need to produce animals for slaughter whilst also eliminating exposure to animal waste and food-borne illnesses.  

The start-up also announced that it has formed a strategic partnership with German poultry producer PHW-Gruppe. 

“We’re proud that SuperMeat is at the forefront of the rapidly-evolving clean meat industry,” said Ido Savir, Supermeat CEO.

“Our team is comprised of a diverse group of top-tier scientists, food engineers and chefs, working together with the best production experts from the pharmaceutical industry to create a new generation of meat products that are sustainable, cost-efficient, animal-friendly, and of course delicious.”

SuperMeat is the latest meat alternative brand to secure high-profile backing.

Last month, Beyond Meat benefited from $55mn in funding led by Tyson Food and venture capital firm Cleveland Avenue.