Agronomics Limited has invested $2 million in SuperMeat, a company specializing in cultivated chicken production. This investment is part of a larger $3.5 million round raised through a Simple Agreement for Future Equity, with participation from other investors. SuperMeat plans to use the funds to accelerate its efforts in commercializing cultivated chicken in Europe, with the aim of meeting the growing global demand for protein sustainably.

SuperMeat has made significant progress in reducing the cost of production of lab-grown chicken and aims to offer a product that emits 50% fewer carbon emissions compared to traditionally farmed chicken by 2024. Agronomics’ investment will be split between cash and shares, with the new shares being admitted for trading on AIM. SuperMeat’s CEO expressed gratitude for the investment, noting that it will support the company's mission of bringing cultivated chicken into the market while also aligning with partners who understand the potential of this sector.