Culminate Foods, a Berlin, and Hannover, Germany-based cellular agriculture company, raised €2.3M in funding.
The round was led by High-Tech Gründerfonds (HTGF). Life Science ValleyWachstumsfonds, b.value AG, Kale United, and Big Idea Ventures also participated.
The company intends to use the funds to scale up production processes, expand commercial collaborations and operation.
Led by Eugenia Sagué, Co-Founder and Managing Director, and George Zheleznyi, Co-Founder and Managing Director, Cultimate Foods is a cellular agriculture company that creates alternative fat ingredients for plant-based meat products. It is a B2B partner in supplying cell-cultivated premium fat ingredient to the alternative meat industry to tackle this problem. The company already run several commercial pilots with the food industry leaders.
Cultimate Foods has raised more than €3M in total funding to date. It is based in Berlin’s Biocube and Hannover (Institut für Technische Chemie, Leibniz Universität Hannover).
FinSMEs
24/04/2024