DSM invests in Dutch cultured meat

The Limburg-based specialty chemicals group DSM is among the investors contributing 47 million for Delft-based cultured meat company Meatable. To meet the growing global demand for meat, Meatable, like Mosa Meat in Maastricht, is working to develop cultured meat that can be produced faster and is affordable for consumers.

Expect

Meatable was founded by Krijn de Rood. "With this funding, we believe we are well on our way to marketing our first products to satisfy the global hunger for meat in a sustainable way, "said the top executive. The latest investment of 47 million euros brings the total amount invested since its inception in 2018 to 60 million euros.

The company expects that growing meat, when the technology is fully developed, will only take a few weeks. This is in contrast to the years it takes to grow an animal. Meatable's focus right now is on pork and beef, but can be applied to any animal species, according to Rood. The company hopes that by 2025 the meat will be available to consumers at a good price.

Mosa Meat

In October last year it was announced that Mosa Meat in Maastricht also received an additional capital injection of 55 million euros. Top executive Maarten Bosch said at the time that he hoped to be able to deliver the first cultured meat burgers to supermarkets in 2023.