Aleph Farms Secures $29M to Enhance Cultivated Meat Tech

Aleph Farms has raised $29 million, including $22 million through a SAFE and $7 million from existing investors. This funding will support the scaling of its pilot facility in Israel and the establishment of intermediate production sites in Europe and Asia, aiming to lower production costs for cultivated meat.

Original excerpt: “The funding will be used to scale up our pilot facility and launch the first Aleph Cut through an optimized production process designed for profitability…”

Source: AgFunderNews