Mosa Meat Raises €15M, Cuts Costs 99.999% As Meatable Shuts Down

The funding round included support from Invest-NL (guaranteed by InvestEU), LIOF, PHW Group, and Jitse Groen, founder and CEO of Just Eat Takeaway.com.

Victor Meijer, investment principal at InvestNL, said, “Cultivated meat is an important component in the protein transition needed to reduce the impact of livestock farming. As in any emerging sector, investing in cultivated meat is challenging and requires stamina. Mosa Meat has built a strong foundation and is taking clear steps toward commercialisation.”

This funding extension follows a €40 million round in 2024 and a crowdfunding campaign both surpassing their targets bringing Mosa Meat’s total capital raised over the past two years to €58 million.

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Beyond securing funding the Dutch startup has reached another milestone. In 2013, it unveiled the world’s first cultivated beef burger in London at €250k a proof of concept demonstrating cell-based meat’s feasibility. Since then, Mosa Meat reports a 99.999% reduction in production costs compared to that initial burger.

Maarten Bosch, CEO of Mosa Meat, said, “When we introduced the first cultivated burger, it was a €250k proof of concept. Today, through fundamental scientific breakthroughs and scaling efficiencies, we are producing burgers at a price point ready for restaurant menus.

“With the backing of our world-class investors, we have successfully turned a science project into a tasty and affordable product without compromising on our original vision.”

This announcement comes days after Leiden-based Meatable revealed it would shut down due to a lack of new funding.

Founded in 2016 by Mark Post and Peter Verstrate, Mosa Meat is a FoodTech company developing a cleaner, more ethical way to produce real beef. The company currently has regulatory submissions under review in the UK, EU, Switzerland, and Singapore, and was recently chosen for the UK’s regulatory “Sandbox” programme, supported by the Department for Science, Innovation and Technology.

“Working alongside the Cellular Agriculture Netherlands (CAN) foundation Mosa Meat was recently defined as a participating partner in a strategic climate technology project in the influential Dutch ‘Wennink Report.’ Consequently, Mosa Meat’s work is positioned to benefit from national supporting mechanisms that align public-private financing and regulatory reform to accelerate the Netherlands’ transition to sustainable growth,” the company mentioned in the press release.

Mosa Meat’s investors include Lowercarbon Capital, M Ventures, Bell Food Group, Nutreco, PHW Group, Mitsubishi Corporation, Collateral Good Ventures, and Leonardo DiCaprio, among others. The Academy Award-winning actor joined the company as both an advisor and investor in 2021.

About Mosa Meat

Mosa Meat is pioneering a cleaner, more ethical way to produce beef. In 2013 Chief Scientific Officer Professor Mark Post unveiled the world’s first cultured meat burger in London grown directly from cow cells without raising or slaughtering animals showcasing the potential of sustainable cell-based meat.