# Mirai International

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mirai-international

- Industry: Agribusiness
- Headquarters: Zurich, Switzerland
- Website: www.miraiint.com
- Total disclosed funding: $4.6M
- Latest round: Seed (May 15, 2021)
- Investors on record: 4

## About

Mirai International AG, based in Switzerland, specializes in cultivating real meat products using innovative technology. Their focus is on providing sustainable alternatives to traditional meat consumption.Founded in 2019, Mirai International AG operates in Zurich, Switzerland, where it focuses on cultivated meat production. Founded by Christoph Mayr and Suman Das, the company raised USD 2.2 mn in a SEED funding round on May 15, 2021, with notable investors including Friba Investment and Skyviews Life Science. The total amount raised since inception is USD 2.2 mn, with two notable deals to date.Mirai International specializes in the cultivation of real meat products through its proprietary TEND’R STEAK Fibration Technology, utilizing natural non-GMO cells. The company offers various types of cultivated meat, such as sirloin, ribeye, and flank steak, aiming to provide sustainable alternatives. Targeting environmentally conscious consumers and health-focused markets, Mirai's products are positioned for major urban centers in Europe and North America.Mirai International generates revenue through direct-to-consumer sales and B2B partnerships with retailers and food service providers. Their transaction structure involves direct sales agreements and a waitlist for consumers. The revenue model is based on premium pricing strategies that reflect the value of their cultivated meat offerings in markets prioritizing high-quality and sustainable food alternatives.Following the SEED funding round on May 15, 2021, where Mirai raised USD 2.2 mn, the company plans to accelerate product development. The funding will be utilized to expand the team, enhance lab capabilities, and construct a pilot production plant. Mirai will transition into new lab and office space during the summer, which aligns with their strategy to introduce new products and expand into additional markets.

## Funding rounds

- Seed, May 15, 2021, $2.2M — Team Europe, Skyviews Life Science, PINC, Friba Investment
- Seed, Jan 25, 2021, $2.4M — Team Europe, PINC

## Investors

- Team Europe (https://capitalatlas.ai/funds/team-europe) — Seed
- PINC (https://capitalatlas.ai/funds/pinc) — Seed
- Skyviews Life Science (https://capitalatlas.ai/funds/skyviews-life-science) — Seed
- Friba Investment — Seed