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News Commentary #1,494 – Meatex | Investments In Food Technologies?

Meatex platform (reviewed here) seems to be far more active in social media services like Medium and Twitter, for example, than even on the official website itself. I found this fact rather unusual but, as they say, admin is the ONLY person, who decides where and how the platform is developing. May be, this way of doing, they build connections with investors a bit faster.

However, i still would advice to repost all of the news into the website as well, at least direct links for those who visit it.

Here is one of recent updates:

The Series A fundraising includes the first investment in this area of corporate venture capital after Meatex has showed progress in building its business model, demonstrated growth and revenue potential.

Meatex MELBOURNE, VICTORIA together with Pimco Australian Venture Fund successfully completed the first round of funding in 2019. It was announced that it raised $12.2 million to bring cultured meat to market.

The creation of Meatex was preceded by a long research work under the direction of M.D. Mason White, who now leads the company and is a co-founder.

The Series A funding is used to develop a comprehensive process for the production of cultured meat with significantly reduced costs.

Series B financing, in which private investments can also participate, will allow Meatex to expand its infrastructure and go beyond Australia, expanding its capabilities already in the global market.🌏️

💙Meatex. Join the effort.

Check other news for today and Please stand by..

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