Mosa Meat B.V.. (12/7/20). "Press Release: Mosa Meat Backed by Leading Global Impact Investors, Bringing Oversubscribed Round to $75M". Maastricht.

	Organisation	Mosa Meat B.V.
	Organisation 2	Mitsubishi Corporation
	Product	meat, cultured / cultivated / clean
	Product 2	venture capital
	Index term	Mosa Meat–SEVERAL: investment, 202012 financing round Series B 2nd closing $20m bringing total Series B to $75m
	Index term 2	Mosa Meat–SEVERAL: investment, 202009 financing round Series B 1st closing $55m led by Blue Horizon Ventures
	Person	Bosch, Maarten (Mosa Meat 202009 CEO)

Mosa Meat, the European food technology company that introduced the world’s first cultivated beef hamburger in 2013, announced the second closing of its Series B funding. This second closing of $20M brings the total raised so far in the round to $75M.

The funding brings together leading global investors who are dedicated to sustainability, and to supporting Mosa Meat in its mission to develop a cleaner, kinder way of making real beef. These include Blue Horizon Ventures, Target Global, ArcTern Ventures and Rubio Impact Ventures.

Mitsubishi Corporation, Japan, the global integrated business enterprise that develops and operates businesses together with its offices and subsidiaries in approximately 90 countries and regions worldwide, as well as a global network of around 1,700 group companies, also invested in the round.

“We are delighted to welcome our new partners,”? said Maarten Bosch, CEO of Mosa Meat. ?“As well as bringing immense strategic capabilities and expertise, they share our strong commitment to increasing the sustainability of our global food system”.

Mosa Meat will use the funds to extend its current pilot production facility at its home inMaastricht, develop an industrial-sized production line, expand its team, and introduce delicious cultivated beef to consumers.

The Series B funding round is led by Luxembourg-based Blue Horizon Ventures, the food technology fund that aims to ?support and promote a positive global impact on the environment, human health, and animal welfare?.

Mosa Meat welcomes this strong group of mission-aligned investors only two years after its successful Series A funding, which was led by M Ventures and Bell Food Group.

PRESS CONTACT

For more information and interview requests, please contact:
[English] Sarah Lucas: +44 7828 362 223, ?sarah@mosameat.com
[Dutch] Tim van de Rijdt: +316 1241 2434, ?tim@mosameat.com

High-resolution photographs are available for media use ?here.

ABOUT MOSA MEAT

Mosa Meat is a Netherlands-based food technology company pioneering a cleaner, kinder way of making real beef. Mosa Meat’s founders, Mark Post and Peter Verstrate, introduced the world’s first cultivated beef hamburger in 2013, by growing it naturally from cow cells. Founded in 2016, Mosa Meat is now scaling up production of the same beef that people love, but that’s kinder to animals, better for the environment, and safer to eat. A diverse and growing team of food-loving problem-solvers, they are united in their mission to fundamentally reshape the global food system.

Learn more at ?www.mosameat.com?, ?LinkedIn?, ?Facebook?, ?Twitter?, or ?Instagram?.

ABOUT BLUE HORIZON VENTURES

Blue Horizon Ventures was founded in 2018 by serial entrepreneurs and investors Roger Lienhard and Michael Kleindl with €150M assets under management. The fund aims to support the movement towards a more sustainable food system through innovation, technology and entrepreneurship. It puts special focus on plant-based, cultured meat, synthetic biology, and sustainability. The underlying mission of the fund is to promote a positive global impact on the environment, human health and animal welfare. One of its requirements is that all its portfolio companies contribute to the Sustainable Development Goals 2030 set by the UN GeneralAssembly.

Learn more at ?www.bluehorizonventures.com?.

Record changed: 2024-01-20