Participated · Seed · Sep 2019

Redefine Meat develops 3D-printed plant-based whole cuts for the foodservice and broader food markets. The company launched its commercial 'New-Meat' series in 2021 and has placed products on menus of over 200 restaurants in Israel, as well as in the restaurant chain of Michelin chef Marco Pierre White and other acclaimed chefs. Its products have also been supplied to canteens at companies such as Facebook and Google. Redefine Meat recently hired former executives from Nestlé and Unilever to support global expansion. With the latest financing, the company plans to set up production lines in Israel and the Netherlands and to expand collaborations with restaurant chains worldwide. The firm was founded in 2018 and is pursuing growth via technology-driven meat alternatives rather than animal-based production. Redefine Meat has developed a manufacturing process and 3D-printing technology to produce plant-based steaks that more closely mimic the taste and texture of choice cuts of beef than typical patties. The company plans to expand its product portfolio and support a commercial launch using proceeds from its recent financing. It aims to bring a large-scale production facility for its 3D printers online before the end of the year and to deploy industrial 3D Alt‑Meat printers within meat distributors later this year. Redefine has a strategic agreement with Israeli distributor Best Meister to aid its path to market and has been expanding its staff to roughly 40 employees. The company positions its technology as an alternative to current patty-focused offerings and says the building blocks are in place for broader distribution. Redefine Meat is developing an alternative-meat 3D printer and plant-based meat products. The company combines a proprietary semi-industrial 3D digital printing platform, a 3D meat modeling system and plant-based food formulations. Its animal-free meat uses natural and sustainable ingredients designed to replicate the appearance, texture and flavor of animal meat for steaks, roasts and stews. Founded in 2018 by CEO Eshchar Ben-Shitrit and based in Tel Aviv, Israel, the company is advancing meat production technology toward commercialization. Redefine Meat intends to use the funding to finalize development of its 3D printer, which it planned to release during 2020. The company closed a seed round to push its product development and market readiness forward.

Participated · Seed · Jan 2018

SuperMeat develops cultivated chicken and is pursuing commercialization through a licensing-led strategy with Switzerland identified as its first target launch market. Over the past 18 months the company reported a cultivated chicken cost milestone of US$11.79 per pound at scale and entered a partnership with Stämm focused on continuous bioprocessing. It has expanded collaborations with Ajinomoto Co., Inc. and Migros subsidiary Group Micarna to advance its commercialization efforts. The company is preparing a regulatory submission in Switzerland and conducting consumer validation studies ahead of launch. Financially, SuperMeat announced an initial US$6 million close of a targeted US$10 million Series A-4 round backed by Agronomics Limited, Milk & Honey Ventures and New Agrarian Company.