Meat analogues are meat-like substances usually made from plants. These substitutes are growing in popularity thanks to brands like Impossible Burger and Beyond Meat. However, for meat enthusiasts, these substitutes often lack the feel, look, and taste of the real thing. Hoxton Farms is looking to produce real animal fat without harming animals for use in meat alternatives by extracting fat cells. Using cultivated fats has the potential to relieve pressure on the environment caused by factory farms including helping with antibiotic resistance and climate change. The company uses machine learning and mathematical modeling to build its cultured fats with plans to build a scalable prototype within the next 18 months. London TechWatch caught up with Cofounder Ed Steele to learn more about the work to make meat alternatives viable at scale, the company’s future plans, and recent round of funding from investors that include Founders Fund, BACKED VC, Presight Capital, CPT Capital, Sustainable Food Ventures, and others.
London Tech News for the week ending 13/2 featuring news for Nothing, Uptime, and much, much more…
The latest venture capital, seed, pre-seed, and angel deals for London startups for 10/2/2021 featuring funding details for Uptime App, Hoxton Farms, and much more.