General Cell-based meat startup secures $55 million


The Helper Connoisseur / Ex-MineCraft Host
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Mosa Meat — the Dutch company which made the world’s first lab-grown meat burger back in 2013 — has raised $55m in new funding, which it hopes to use to bring the burgers to actual customers.

The funding, led by Luxembourg’s Blue Horizon Ventures, will be used to expand Mosa Meat’s facility in Maastricht into an industrial-sized production line, as well as getting European licences for the products.

The raise comes amid a flurry of interest from investors and consumers for alternative meat products. Much of the early interest has been in companies such as Beyond Meat and Impossible making burgers made of plants which look and taste like meat.

But Mosa Meat is creating actual meat, just a type made in a lab rather by a living animal, which is seen as the next frontier in food technology. “In the next 3 years, we aim to scale up to one industrial-sized production line, work with regulators to demonstrate the safety of cultivated meat, and introduce the first cultivated beef to consumers,” Mosa Meat’s head of production Sarah Lucas told Sifted.

The startup now has 50 scientists working on the burgers and they’ve managed to bring the cost of an individual burger down 88 times compared to what it was back in 2013. The first burger cost €250,000 to make – it was funded by Google cofounder Sergey Brin — but the startup now projects that each burger will cost €9.

Read more here (Sifted)
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    Didn't the backwards compatability have issues too?
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    I never had any hopes for that. Blizzard is not the same company it was 10 years ago.
  • The Helper The Helper:
    It happens in corporations. They just absorb the companies they buy and it is not about the love of making awesome games it is how much money can we make with the least amount of cost.
  • The Helper The Helper:
    Blizzard is watered down now hopefully they can pull it together
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    they got a server engineer job opening :)
  • Ghan Ghan:
    I really do not want to move to California otherwise I might consider it.
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    yeah California is not anywhere you really want to live
  • The Helper The Helper:
    That is why I did not take the job Blizzard offered me back in the day, there is no way I could have moved my family there on what they were offering, not even close and that was like 20 years ago
  • The Helper The Helper:
    yeah they wanted me on the tech support team when they did not get me they got one of the next MVPs in Dinobot
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    Dinobot was one of the youngest of the MVPs tkron probably could have worked for Blizzard but he had a good job in Chicago doing business programming already
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    Dinobot probably still works for Blizzard would love to reconnect with that guy
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    I wonder what ever happened to Wargasm?
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    This new version of Xenforo really is awesome
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    Wargasm is still around. He works for the domain registrar where is kept.

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