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Hoxton Farms, a U.K. startup that wants to produce animal fat without using animals, has raised £2.7 million in seed funding. The round is led by Founders Fund, the Silicon Valley venture capital firm founded by Peter Thiel. Also participating is Backed, Presight Capital, CPT Capital and Sustainable Food Ventures. Still at the R&D stage, […]
By Vanessa Zainzinger2021-01-29T09:35:00+00:00 Covid-19 pandemic motivated friends to combine their expertise in cell biology and mathematical modelling, and realise company they had being discussing for years Max Jamilly and Ed Steele share a fundamental belief that the global meat industry is broken. ‘We know that it’s killing us, it’s killing the planet. Global food security is at an all-time low, and demand for meat alternatives is absolutely soaring,’ says Jamilly. But despite the market success of product lines such as Beyond Meat and the Impossible Burger, many consumers find...