Cargill Protein, Strauss Group and M-Industry all contributed to a series A round for cell-based meat developer Aleph that will support product development.
Israel-based meat creation technology developer Aleph Farms has raised $12m from investors including meat distributor Cargill Protein, food producer Strauss Group and food and homecare product supplier M-Industry.
Venture capital fund VisVires New Protein led the round, which also featured Peregrine Ventures, CPT Capital, Jesselson investments, New Crop Capital and Technion Investment Opportunity Fund.
Aleph is working on a technique that will allow meat to be grown directly from animal cells, using a natural process that enables cows to generate…
