# Meatable

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/meatable-b-v

- Industry: Food
- Headquarters: Leiden, Netherlands
- Website: www.meatable.com/
- Total disclosed funding: $123M
- Latest round: Series B (Nov 18, 2024)
- Investors on record: 10

## About

Meatable B.V., based in the Netherlands, is a biotechnology company pioneering the development of cultivated meat products to provide sustainable protein alternatives that address environmental and ethical concerns associated with traditional meat production.Founded in 2018, Meatable B.V. is focused on creating lab-grown meat products that eliminate the reliance on animal farming. The company operates from Leiden, Netherlands, and was established by Anand Chandrasekar, Daan Luining, Manish Chhetri, and Mark Kotter. Meatable has successfully raised EUR 30.00 mn in its latest funding round, Series B, with participation from investors including Betagro Ventures and Desmos Capital Partners, totaling EUR 30.00 mn raised to date.Meatable specializes in developing cultivated meat products that utilize advanced scientific methods to create real meat without conventional animal farming. Their offerings include lab-grown meat that mirrors the taste and texture of traditional meat, aimed at environmentally conscious consumers. The company primarily targets food retailers, restaurants, and food service providers, focusing on markets in Europe and North America, with plans to introduce various types of meat products as alternatives for everyday meals.Meatable's revenue model is based on direct sales to retailers and partnerships with food service providers. The company engages in wholesale agreements, allowing retailers to distribute its cultivated meat products widely. Although specific pricing details are undisclosed, the pricing structure reflects the premium nature of lab-grown meat, supporting its establishment in both retail and food service sectors.Meatable B.V. plans to leverage recent funding to support the development and launch of new cultivated meat products. The company is targeting expansions into markets in Europe and North America, with specific timelines for product rollouts yet to be disclosed. The additional venture funding from new investor Cullom Capital will be instrumental in advancing these initiatives.

## Funding rounds

- Series B, Nov 18, 2024, $32M — Betagro Ventures, Desmos Capital Partners
- Series B, Aug 7, 2023, $35M — DSM Venturing, BlueYard Capital, Milky Way Ventures, Agronomics Limited, Bridford Investments Ltd., Invest-NL
- Series A, Mar 23, 2021, $47M — DSM Venturing, BlueYard Capital, Section 32, Humboldt Fund, Agronomics Limited
- Series A, Feb 18, 2021, $2.4M — Agronomics Limited
- Seed, Dec 5, 2019, $7M — BlueYard Capital

## Investors

- BlueYard Capital (https://capitalatlas.ai/funds/blueyard-capital) — Seed, Series A, Series B
- Agronomics Limited (https://capitalatlas.ai/funds/agronomics-limited) — Series A, Series B
- DSM Venturing (https://capitalatlas.ai/funds/dsm-venturing) — Series A, Series B
- Section 32 (https://capitalatlas.ai/funds/section-32) — Series A
- Humboldt Fund (https://capitalatlas.ai/funds/humboldt-fund) — Series A
- Milky Way Ventures (https://capitalatlas.ai/funds/milky-way-ventures) — Series B
- Bridford Investments Ltd. (https://capitalatlas.ai/funds/bridford-investments-ltd) — Series B
- Invest-NL — Series B
- Betagro Ventures (https://capitalatlas.ai/funds/betagro-ventures) — Series B
- Desmos Capital Partners — Series B