Agronomics Limited - Meatable and TruMeat Forge Alliance
Agronomics (LSE:ANIC) announces a strategic collaboration between its portfolio company Meatable and TruMeat to advance cultivated meat commercialization. Meatable, a cultivated meat technology leader, will partner with TruMeat, a contract manufacturer, to build a state-of-the-art facility in Singapore using Meatable's technology.
The collaboration aims to optimize processes and media development to produce cultivated meat at competitive price points and commercial scale. Agronomics has invested €9.2 million in Meatable, currently valued at £11.4 million, representing approximately 7.5% of Agronomics' last stated Net Asset Value as of December 31, 2024.
The new facility will be Singapore's first to deliver cultivated meat at cost levels and volumes needed for commercial partners to formulate, test, and launch products in the market.
Agronomics (LSE:ANIC) annuncia una collaborazione strategica tra la sua società in portafoglio Meatable e TruMeat per promuovere la commercializzazione della carne coltivata. Meatable, leader nella tecnologia della carne coltivata, collaborerà con TruMeat, un produttore su contratto, per realizzare una struttura all'avanguardia a Singapore utilizzando la tecnologia di Meatable.
La collaborazione punta a ottimizzare i processi e lo sviluppo dei materiali per produrre carne coltivata a prezzi competitivi e su scala commerciale. Agronomics ha investito 9,2 milioni di euro in Meatable, attualmente valutata 11,4 milioni di sterline, rappresentando circa il 7,5% del valore patrimoniale netto dichiarato da Agronomics al 31 dicembre 2024.
La nuova struttura sarà la prima a Singapore a offrire carne coltivata a livelli di costo e volumi necessari affinché i partner commerciali possano formulare, testare e lanciare prodotti sul mercato.
Agronomics (LSE:ANIC) anuncia una colaboración estratégica entre su empresa en cartera Meatable y TruMeat para impulsar la comercialización de carne cultivada. Meatable, líder en tecnología de carne cultivada, se asociará con TruMeat, un fabricante por contrato, para construir una instalación de última generación en Singapur utilizando la tecnología de Meatable.
La colaboración tiene como objetivo optimizar los procesos y el desarrollo de medios para producir carne cultivada a precios competitivos y a escala comercial. Agronomics ha invertido 9,2 millones de euros en Meatable, valorada actualmente en 11,4 millones de libras, lo que representa aproximadamente el 7,5% del valor neto de activos declarado por Agronomics al 31 de diciembre de 2024.
La nueva instalación será la primera en Singapur en ofrecer carne cultivada con los niveles de costo y volumen necesarios para que los socios comerciales puedan formular, probar y lanzar productos al mercado.
Agronomics (LSE:ANIC)는 포트폴리오 회사인 Meatable과 TruMeat 간의 전략적 협력을 발표하며 배양육 상용화를 추진합니다. 배양육 기술 선도 기업인 Meatable은 계약 제조업체인 TruMeat와 협력하여 Meatable의 기술을 활용한 최첨단 시설을 싱가포르에 구축할 예정입니다.
이번 협력은 경쟁력 있는 가격과 상업적 규모로 배양육 생산을 위해 공정 및 배지 개발을 최적화하는 것을 목표로 합니다. Agronomics는 Meatable에 920만 유로를 투자했으며, Meatable의 현재 가치는 1,140만 파운드로, 2024년 12월 31일 기준 Agronomics가 공개한 순자산 가치의 약 7.5%에 해당합니다.
새 시설은 싱가포르에서 상업 파트너들이 제품을 개발, 테스트 및 출시할 수 있도록 필요한 비용 수준과 생산량을 갖춘 첫 배양육 생산 시설이 될 것입니다.
Agronomics (LSE:ANIC) annonce une collaboration stratégique entre sa société en portefeuille Meatable et TruMeat pour faire avancer la commercialisation de la viande cultivée. Meatable, un leader technologique dans la viande cultivée, s'associera à TruMeat, un fabricant sous contrat, pour construire une installation ultramoderne à Singapour en utilisant la technologie de Meatable.
Cette collaboration vise à optimiser les processus et le développement des milieux pour produire de la viande cultivée à des prix compétitifs et à une échelle commerciale. Agronomics a investi 9,2 millions d'euros dans Meatable, actuellement valorisée à 11,4 millions de livres, ce qui représente environ 7,5 % de la valeur nette d'inventaire déclarée par Agronomics au 31 décembre 2024.
La nouvelle installation sera la première à Singapour à fournir de la viande cultivée aux niveaux de coûts et de volumes nécessaires pour que les partenaires commerciaux puissent formuler, tester et lancer des produits sur le marché.
Agronomics (LSE:ANIC) gibt eine strategische Zusammenarbeit zwischen seiner Portfoliogesellschaft Meatable und TruMeat bekannt, um die Kommerzialisierung von kultiviertem Fleisch voranzutreiben. Meatable, ein führendes Unternehmen im Bereich kultiviertes Fleisch, wird mit TruMeat, einem Auftragshersteller, zusammenarbeiten, um eine hochmoderne Anlage in Singapur unter Verwendung der Technologie von Meatable zu errichten.
Die Zusammenarbeit zielt darauf ab, Prozesse und Medienentwicklung zu optimieren, um kultiviertes Fleisch zu wettbewerbsfähigen Preisen und in kommerziellem Maßstab herzustellen. Agronomics hat 9,2 Millionen Euro in Meatable investiert, das derzeit mit 11,4 Millionen Pfund bewertet wird, was etwa 7,5 % des zuletzt angegebenen Nettovermögenswerts von Agronomics zum 31. Dezember 2024 entspricht.
Die neue Anlage wird die erste in Singapur sein, die kultiviertes Fleisch zu Kosten und Mengen liefert, die kommerzielle Partner benötigen, um Produkte zu formulieren, zu testen und auf den Markt zu bringen.
- Strategic partnership to scale production and reduce costs in cultivated meat manufacturing
- First facility in Singapore capable of commercial-scale production at competitive price points
- Meatable investment currently valued at £11.4M, showing a significant return on Agronomics' €9.2M investment
- None.
Meatable and TruMeat Forge Alliance to Enhance Cultivated Meat Production
DOUGLAS, ISLE OF MAN / ACCESS Newswire / May 6, 2025 / Agronomics (LSE:ANIC), a leading listed company in the field of clean food, is pleased to announce that its portfolio company Meatable B.V. ("Meatable"), one of the leaders in cultivated meat technology, and TruMeat Co., Ltd. ("TruMeat"), specialising in the contract manufacturing of cultivated meat at commercial scale, have formed a strategic collaboration to advance the global commercialisation of cultivated meat.
Jim Mellon, Executive Chair of Agronomics, said: "This is yet another example of the huge momentum happening across the clean food industry, as companies continue to demonstrate their commitment to producing cultivated meat affordably and at scale. By working together, Meatable and TruMeat can scale production swiftly and meet the growing demand from consumers for meat which is healthy and sustainable, but which does not incur such heavy costs on our planet."
To date, Agronomics has invested a total of
The full announcement is relayed below without any material changes:
LEIDEN, NETHERLANDS, April 30, 2025 / EINPresswire.com / -- Meatable, the leader in cultivated meat technology, and TruMeat, specialising in the contract manufacturing of cultivated meat at commercial scale, have formed a strategic collaboration to advance the global commercialisation of cultivated meat. This collaboration will focus on optimising processes and media development and building out a state-of-the-art facility operated by TruMeat in Singapore using Meatable's technology.
This move marks an important step in Meatable's efforts to produce cultivated meat at a price point that is increasingly competitive with conventional meat at a commercial scale. The new facility will be the first in Singapore to deliver cultivated meat at the cost levels and volumes required to support commercial partners in formulating, testing, and launching products in the market. TruMeat brings extensive experience in media development and process optimisation that enables production at scale.
"This is the next step in our journey to make cultivated meat accessible and affordable," said Jeff Tripician, CEO of Meatable. "We have full trust in TruMeat's expertise, and together, we are confident in our ability to optimise processes and scale efficiently. This collaboration brings us closer to providing the meat industry with the solutions it needs to deliver great-tasting, sustainable meat to customers and consumers worldwide."
"We recognise that Meatable is a clear leader in the cultivated meat space, and we have been waiting for a technology with this potential," said James Chui, Chair of TruMeat. "We are very confident that by combining our strengths, we can achieve the necessary cost reductions and the commercial scale to make cultivated meat a viable option for global markets."
The collaboration underscores Meatable and TruMeat's shared commitment to revolutionising the food system by delivering sustainable and efficient cultivated meat technology to the meat industry. By combining cutting-edge technology with proven expertise, the companies aim to drive the industry forward and meet the growing global demand for alternative proteins.
About Meatable
Meatable is leading the charge in revolutionising how the meat industry sources and produces meat. We are a vendor-partner to the meat industry and provide the science and technology to sustainably produce affordable, great-tasting, real meat at scale. Meatable's cultivated meat technology is designed to complement and integrate into the existing traditional meat industry's supply chains, offering opportunities for partnerships that strengthen the entire system. We accomplish this without harming animals or the planet, 25x times faster than traditional protein. It is the solution for feeding a hungry planet in the future.
About TruMeat
TruMeat focuses on industrialisation of cultivated meat technology and products. TruMeat aims at building and managing a complete and global supply chain to ensure commercial scalability, geographic availability, and cost effectiveness. TruMeat's cell culture process technology, including a continuous process, modular and fully automated, will revolutionise the cultivated meat industry for a sustainable and reliable food supply chain for mankind.
About Agronomics
Agronomics is a leading London-listed company focusing on investment opportunities within the field of clean food. Agronomics has established a portfolio of over 20 companies in this rapidly advancing sector. It seeks to invest in companies owning technologies with defensible intellectual property that offer new ways of producing food and materials with a focus on products historically derived from animals.
These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage. This disruption will decouple supply chains from the environment and animals and improve food security for the world's expanding population. A full list of Agronomics' portfolio companies is available at https://agronomics.im/.
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SOURCE: Agronomics Limited
View the original press release on ACCESS Newswire
FAQ
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