CIOApplications
static-image
  • Home
  • Applications
      • Bioinformatics
      • Business Continuity
      • Business Intelligence
      • Chatbot
      • Collaboration
      • Custom Software Development
      • CRM
      • Enterprise Reporting Software
      • GRC
      • Human Resource
      • Indoor Positioning
      • InsurTech
      • Intellectual Property
      • IT Operations Management
      • IT Service Management
      • Low Code Platform
      • Maintenance Management
      • Managed IT Services
      • MarTech
      • Master Data Management
      • Mobile Application
      • Order Management
      • Parking Management
      • Procurement Tech
      • Publishing Software
      • Remote Monitoring
      • RFID
      • Sales Tech
      • SAS
      • Software Testing
      • Task Management
      • Unified Communications
      • Workflow
      • Workplace Management
  • Verticals
      • BioTechnology
      • Construction
      • Contact Center
      • Education
      • Fintech
      • Food and Beverages
      • Government
      • Healthcare
      • Legal
      • Logistics
      • Manufacturing
      • Travel and Hospitality
      • Utilities
  • Technologies
      • Agile
      • API
      • Artificial Intelligence
      • Blockchain
      • CAD/CAM
      • Cloud
      • Cyber Security
      • Data Analytics
      • Data Center
      • Digital Transformation
      • Graphics
      • IoT
      • Machine Learning
      • Machine Vision and Imaging
      • Predictive Analytics
      • Robotic Process Automation
      • Simulation
      • Smart Labelling
  • Eco System
      • Adobe
      • Amazon
      • Esri
      • Google
      • IBM
      • Infor
      • Kubernetes Partner
      • NetSuite
      • Oracle
      • PTC Partners
      • Qlik Partner
      • Salesforce
      • ServiceNow
      • SiteCore
      • VMware
  • Vendors
  • News
  • Newsletter
  • Whitepaper
  • conferences
  • About Us
  • Specials

  • Menu
      • Business Continuity
      • Chatbot
      • Cloud
      • Collaboration
      • Contact Center
      • Esri
      • Human Resource
      • InsurTech
      • IT Service Management
      • Machine Learning
      • Manufacturing
      • Master Data Management
      • Procurement Tech
      • Robotic Process Automation
      • Salesforce
      • ServiceNow
      • Simulation
      • Software Testing
  • Contact Center
  • Collaboration
  • Chatbot
  • Esri
  • Simulation
  • InsurTech
  • Human Resource
Specials
  • Specials

  • Business Continuity
  • Chatbot
  • Cloud
  • Collaboration
  • Contact Center
  • Esri
  • Human Resource
  • InsurTech
  • IT Service Management
  • Machine Learning
  • Manufacturing
  • Master Data Management
  • Procurement Tech
  • Robotic Process Automation
  • Salesforce
  • ServiceNow
  • Simulation
  • Software Testing
×
#

CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

Subscribe

loading
  • Home
  • Food and Beverages
Editor's Pick (1 - 4 of 8)
left
How Marco's Pizza Leaned on Technology to Succeed amid the Pandemic by Quickly Pivoting to Contact-free Delivery and Curbside Carryout

How Marco's Pizza Leaned on Technology to Succeed amid the Pandemic...
Rick Stanbridge, VP & Chief Information Officer, Marco’s Pizza

Connecting the Dots with Technology

Connecting the Dots with Technology
Ann Dozier, SVP, CIO, Southern Glazer’s Wine & Spirits

Digital...Data...Food?

Digital...Data...Food?
Edward Rybicki, Global CIO, Mérieux NutriSciences

Technology-the ROI driver for Food and Beverages Industry

Technology-the ROI driver for Food and Beverages Industry
Carlos Amesquita, CIO, Hershey Company

Supporting Your Configuration Management Effectively

Supporting Your Configuration Management Effectively
Daniel M. Horton, CIO, Sallyport Global

A Report from the Front: Transforming IT to Enable Business Strategy

A Report from the Front: Transforming IT to Enable Business Strategy
Eileen Baines, SVP, CIO, CoBank

Empowering Animal Welfare through Sound Science-based Solutions

Empowering Animal Welfare through Sound Science-based Solutions
Karen Christensen, Sr. Dir. Of Animal Wellbeing, Tyson Foods

Technological Advances in Food Safety

Technological Advances in Food Safety
Sherri Williams, Head of Technical Services, JBS

right

Thank you for Subscribing to CIO Applications Weekly Brief

New Age Meat Raises USD 2 Million in Seed Extension Round

Tweet

Founded in 2018, New Age Meats is headquartered in Berkeley, California. The company specializes in pork and is working on bringing a cultivated pork sausage to the market soon.

FREMONT, CA: Cultivated meat startup New Age Meats (NAM) raised USD 2 million in a Seed funding extension round led by TechU Ventures, an early-stage investment firm specializing in deep tech. Natanel Barookhian, the Managing Partner of TechU, has joined the company's board as an observer. Proceeds from the investment round will allow NAM to expand its Food Science department further, implement more automation and robotics, and continue dropping the cost of its first product, a pork sausage. TechU Ventures is an early-stage investment firm supporting entrepreneurs building platform technologies that harness complex science and engineering breakthroughs for enduring global impact.

"Food science is incredibly important to our overall mission," said Brian Spears, CEO. "We make meat that consumers prefer to conventional meat. That requires us to invest in understanding how we perceive animal protein. What is the science behind the experience of smelling, seeing, and eating tasty meat? The mission of our company is to make safer meat without slaughter, but we will never be successful unless our products are delicious. With an expanded food science department we are able to deliver on that promise."

The extension round was also participated by NAM's lead investor in the previous round, ff Venture Capital, along with follow-on investments from SOSV, Sand Hill Angels, and Siddhi Capital. The firm also welcomed the Losa Group out of Central America and members of San Diego Tech Coast Angels onto the cap table. The company is working towards building its pilot facility, scaling product development and production, and getting its first products to market.

Founded in 2018, New Age Meats is headquartered in Berkeley, California. The company specializes in pork and is working on bringing a cultivated pork sausage to the market soon. They make meat for meat-eaters in an age where the definition of meat is changing. Embedded in their ethos is the desire to positively impact the world, with the mission of building a more sustainable supply of protein for the planet.

Weekly Brief

loading
ON THE DECK

Top Vendors

Field Service 2021

Top Vendors

Previous Next
Tweets by CIOApplications

Read Also

EPAM to Acquire PolSource to Scale its Salesforce Capabilities and Expand into New Markets

EPAM to Acquire PolSource to Scale its Salesforce Capabilities and Expand into New Markets

Destaco Launches TC1 Manual Tool Changer for Cobots

Destaco Launches TC1 Manual Tool Changer for Cobots

Four Business Challenges in Procurement

Four Business Challenges in Procurement

Five Trends Set to Transform the Contact Center

Five Trends Set to Transform the Contact Center

How the Weaponization of Artificial intelligence (AI) can Impact the Future of Humanity

How the Weaponization of Artificial intelligence (AI) can Impact the Future of Humanity

Four Benefits of Cloud-Based Business Budgeting Software

Four Benefits of Cloud-Based Business Budgeting Software

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 CIOApplications. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap  |  Subscribe |  About Us

follow on linkedin follow on twitter follow on rss
This content is copyright protected close

However, if you would like to share the information in this article, you may use the link below:

https://www.cioapplications.com/news/new-age-meat-raises-usd-2-million-in-seed-extension-round-nid-6171.html