Czech startup Mewery, specializing in cultivated meat development through a co-cultivation process involving animal cells and microalgae, has secured €3 million in funding. The majority of the funds, €2.5 million, come from the European Innovation Council (EIC) Accelerator, while €0.4 million stems from participation in the Horizon Europe research program. This funding will support Mewery's transition to pilot-scale production, with a target to produce larger quantities of biomass by 2025.
The co-cultivation technology developed by Mewery, combining pork and microalgae cells, has shown improved efficiency, reduced costs, and enhanced nutritional composition in the final product. With over €4 million raised to date, the company is preparing to scale its technology and engage in industrial testing. The success in securing funding highlights the growing interest in alternative protein sources and innovative production technologies, positioning Mewery as a top early-stage cultivated meat startup globally.
*This summary was generated using AI.
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