Switzerland-based Mirai Foods, announced this week that it has raised $2.1M CHF (~$2.4 million USD) in funding in its initial Seed round (hat tip to FoodBev Media). The round included participation from seven investors in total, including the Pauling Group and Team Europe.This most recent round of funding will be used to accelerate the commercialization of Mirai Foods’ cultured meat products. The company was founded one year ago, and after six months produced its first cultured meat prototype. Currently, the company is focused on creating cultured beef products, like minced beef, but will eventually work on other meat analogs as well.
Source: Mirai Foods Raises $2.1M CHF for Commercialization of Cultured Meat