Mosa Meat Raises €40 Million to Help Bring Cultivated Beef to Consumers

Mosa Meat has secured EUR 40 million in new capital, marking a key milestone in its journey to revolutionize the food industry with cultivated meats. The oversubscribed funding round was led by Lowercarbon Capital LLC and M Ventures, a division of the Merck Group. Notable new investors include government-backed entities such as Invest-NL, InvestEU, Limburg Institute for Development and Financing (LIOF), and the Limburg Energy Fund (LEF), alongside participants from the conventional meat sector, including the PHW Group and XO Ventures.

Founded in 2016, Mosa Meat has been at the forefront of developing a cleaner, more sustainable method of producing real beef. Their groundbreaking achievement in 2013, introducing the world’s first cultivated beef hamburger, laid the foundation for their mission to scale up production for commercial consumption. With the opening of their fourth facility in November 2023, Mosa Meat has positioned itself as the world’s largest cultured meat center, significantly increasing its capacity to produce cow-free burgers.

Maarten Bosch, CEO of Mosa Meat, expressed gratitude for the support received during challenging economic times, highlighting the importance of collaboration in addressing global issues. He emphasized the company’s commitment to providing consumers with a viable alternative to traditional beef production methods, one that mitigates the environmental impact while ensuring ethical standards.

Following the successful launch of their scale-up facility and the attainment of B Corp status last year, Mosa Meat is now in the process of preparing for their inaugural formal tastings of cultivated beef in The Netherlands.