Mirai Foods cultivates meat in the lab from animal stem cells, focusing initially on cultured beef using cells derived from wagyu cattle. The company says its product development is guided by EU consumer preferences, emphasizes a healthy nutritional profile, avoids GMOs and employs proprietary production technology. Mirai will use the seed funding to expand headcount, enhance in-house lab capabilities, and construct a pilot production plant. It aims for a test market launch of its cultured beef in the latter half of next year, with mass-market price points expected around 2024–2025. The startup positions its work as addressing the environmental and ethical impacts of live animal agriculture. Financially, Mirai completed an oversubscribed seed round totaling $4.5 million after a $2.2 million second close.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2021