Profuse Technology Secures $2.5 million in Seed Funding to Reduce Costs of Cultivated Meat Production
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Thursday, September 15, 2022
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New investors include Siddhi Capital, a leader in investments in cultivated meat, Kayma, the investment arm of De-Levie, a meat industry specialist, and other individual investors.
Key Points:
- New investors include Siddhi Capital, a leader in investments in cultivated meat, Kayma, the investment arm of De-Levie, a meat industry specialist, and other individual investors.
- ProFuse's exciting technology may substantially accelerate that process and thus fundamentally change the calculus for the commercialization of lab-grown meat."
- ProFuse Technology's revolutionary solution promotes the price parity of cultivated meat with that of animal origin, promoting its market arrival.
- Profuse Technology develops supplements for cultivated meat media that significantly reduces the cultivated meat cost by increasing the produced meat mass and shortenings the production time.