What if there were a low-impact way to produce edible meat and usable leather, without killing any animals? That’s the idea New York-based Modern Meadow is exploring, and it’s just raised $10 million in Series A venture funding to expand its research facilities in New York.
Modern Meadow Raises $10M to Grow Leather in Labs, Not from LivestockJune 18, 2014
Horizons Ventures, the Hong Kong-based firm of billionaire investor Li Ka-shing, led a $10 million Series A investment in Modern Meadow Inc., a startup that can grow meat and leather in the lab, Venture Capital Dispatch has learned.
Modern Meadow Raises $10 Million in Series A FundingJune 18, 2014
Modern Meadow Raises $10 Million in Series A Funding
Better Animal Products Without Harming Animals or the Environment
NEW YORK, New York –June 18, 2014. Modern Meadow, a company developing novel biomaterials, announced today that it has raised $10 Million in Series A financing.
The round was led by Horizons Ventures, the venture fund of Mr. Li Ka-shing. Based in Hong Kong, Horizons Ventures is a leading investor in some of the world’s most innovative companies and disruptive technologies including Facebook, Waze, Skype, Spotify, Siri and Hampton Creek.
Modern Meadow CEO keynoted GFIA 2014 in Abu DhabiFebruary 8, 2014
Andras Forgacs addressed an international audience during the inaugural Global Forum for Innovations in Agriculture (GFIA) held in Abu Dhabi on Feb 3-5. He spoke alongside other keynote speakers including Bill Gates, Sheikh Mansour Bin Zayed Al-Nahyan (Deputy Prime Minister of UAE), Dr. Frank Rijsberman (CGIAR) and Dr. Mark Post (University of Maastricht).
Andras Forgacs presented at TEDGlobal 2013June 13, 2013
Andras discussed the potential of biofabrication and unveiled Modern Meadow’s first batch of cultured leather at TEDGlobal 2013 in Edinburgh. This finally makes tangible the significant research and highlights the benefits and design potential of this new material.
100 Brilliant Companies: The Company Leading the Future of FarmingMay 24, 2013
Here’s a crazy idea: Combine 3-D printing and tissue engineering to “print” animal products and tackle some of the planet’s biggest problems. Animal farming, after all, accounts for about half of all human-caused greenhouse gases, taking place on one-third of the available, non-frozen land on Earth. All to feed people’s appetites for 300 million tons of meat a year.
Modern Meadow aims to print raw meat using bioprinterJanuary 21, 2013
When you buy some beef at the butcher’s, you know it comes from cattle that once mooed and chewed. But imagine if this cut of meat, just perfect for your Sunday dinner, had been made from scratch – without slaughtering any animal.
A Pork Chop to Change the World (Yes, Really)November 1, 2012
Andras and Gabor Forgacs are the father-son team behind Modern Meadow, a company that wants to save the world with synthetic meat. Gabor Forgacs thinks he can convince Hindus to eat steak and vegetarians to eat meat. The University of Missouri bioengineering professor introduced this idea at the October 2011 TEDMED conference in San Diego–an event featuring presentations from the world’s greatest minds in health and medicine.
Modern Meadow plans on producing lab-grown leatherOctober 5, 2012
For many people, meat and leather are an ethical and environmental nightmare, causing misery to billions of animals and wreaking havoc on the planet’s ecosystems. While mankind is unlikely to turn entirely vegan in the next generation, a more humane and cleaner type of leather could become available in the near future (and meat a few years later) thanks to the development of an in-vitro version of the material being developed by Modern Meadow.
Laboratory Leather: Company to Mass Produce Tissue-Engineered Animal Hides within Five YearsSeptember 18, 2012
Things have been very hush-hush over at Modern Meadow since it was disclosed in August that the company had received funding from PayPal cofounder Peter Thiel’s foundation to 3-D bioprint meat and leather.
Peter Thiel Backs 3D Bioprinted Meat Start-Up Modern MeadowAugust 16, 2012
The famed co-founder of PayPal–he also sits on Facebook’s board–who’s known for his wacky investments, has plowed at least $250,000 into Modern Meadow, a startup that seeks to produce 3D bioprinted cuts of meat for human consumption.
Peter Thiel’s Breakout Labs Funds Tissue Engineering, Nano-Engineering Projects And MoreAugust 15, 2012
Breakout Labs, Peter Thiel’s effort to put $5 million toward cutting-edge research, just awarded another round of funding toward technologies that could one day create meat without harm to animals and improve disease diagnosis.