Multus Biotechnology is a London-based company that makes growth media for cultivated meat, including its first product Proliferum M which eliminates fetal bovine serum. The company says its formulations and ingredients aim to enable affordable at-scale production of animal products and to support other sectors such as dairy and leather. Multus plans to use new funding to build what it calls the world’s first growth media facility for cultivated meat development and to drive novel ingredient discovery and intelligent formulation design. The startup positions its technology as a route to a genuinely sustainable alternative to intensive animal farming. Management emphasizes the role of growth media as historically the most expensive component of cultivated meat production. The company is targeting commercial scale-up as regulatory approvals in key markets advance.

Total raised

$12M

Funding rounds

2

Latest round

Series A

Latest activity

Jan 2023