Enter Gelatex, an Estonian materials startup which says it can cut the cost of producing cultured meat by “up to 90%”. It’s not creating the meat itself, but selling scaffolds — sheets made from nanofibrous materials like soy protein, which provide the structural support for cell growth — to other firms to use to create their own meat. The five-year-old company, which joined the Techstars accelerator in 2019, announced today that it has bagged $1.2m in seed investment from European VC firms Change Ventures and Crosslight Partners.
Source: Gelatex gets $1.2m to grow its cheap cultured meat tools | Sifted