Cultivated Fat Startup Cultimate Raises €700,000 Pre-Seed
By: Jill Ettinger
With backing from Big Idea Ventures, ProVeg International, and Realum.cloud, cultivated fat startup Cultimate has raised €700,000 in a pre-seed funding round.
The German-based Cultimate Foods is working to upgrade meat alternatives with cultivated fat that produces the taste and mouthfeel of conventional animal products. The new funding will allow the company to scale up its production processes and fully validate its cultivated fat product solution and prepares the technology for the pilot stage.
“Our ultimate goal is to deliver a game-changing ingredient for the plant-based meat industry. We are focused on developing the most important part of meat experience, fat. Cultimate will deliver all the properties of meat that are currently lacking in the available meat alternatives,” co-founder of Cultimate George Zheleznyi, said in a statement.
The company has expanded its research and development team as well as launched its own laboratory in Göttingen, Germany.
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