Lab-grown meat investor Agronomics has raised £10m from a share placing to continue to fund companies in the alternative protein market. The Isle of Man-headquartered company has established a portfolio of 14 companies – including Livekindly, Mosa Meat, Meatable and VitroLabs – at various stages of growth in the rapidly advancing sector. The oversubscribed funding round will provide additional capital for Agronomics to make additional investments following previous raises of £5.5m in January and £7.7m in December 2019.
Source: Agronomics raises £10m to fund lab-grown meat companies | News | The Grocer