# Modern Meadow

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/modern-meadow

- Industry: Materials
- Headquarters: Nutley, US
- Website: www.modernmeadow.com/
- Total disclosed funding: $187M
- Latest round: Series D (Jul 25, 2023)
- Investors on record: 12

## About

Founded in 2011 and based in New Jersey, US, Modern Meadow Inc. operates as a developer of Zoa, a biofabricated material designed with collagen protein for consumers. The company was co-founded by Andras Forgacs, Francoise Marga, Gabor Forgacs, and Karoly Jakab. In May 2024, HTL S.A.S., a portfolio company of Montagu Private Equity, Partners Group, Naxicap Partners, and Téthys, acquired Modern Meadow Inc.'s human recombinant collagen platform.

The company offers animal-free leather made from living cells. The company designs and creates materials to help ease the global environmental crisis by leveraging a combination of deep biotech expertise with a passion for sustainability enabling customers to get modified leather products without harming animals.

## Funding rounds

- Series D, Jul 25, 2023 — Horizons Ventures, Key Partners Capital, Astanor Ventures
- Series C, Dec 22, 2020, $134M — Cape Capital, Horizons Ventures, Key Partners Capital, Astanor Ventures
- Series B, Apr 20, 2016, $40M — Temasek Holdings, ARTIS Ventures, Collaborative Fund, Horizons Ventures, Red Swan Ventures, ICONIQ Capital, Breakout Ventures
- Series A, Jun 18, 2014, $13M — Hong Shan, Singularity AMC, ARTIS Ventures, Horizons Ventures, ICONIQ Capital, Breakout Ventures

## Investors

- Hong Shan — Series A
- Singularity AMC (https://capitalatlas.ai/funds/singularity-amc) — Series A
- ARTIS Ventures (https://capitalatlas.ai/funds/artis-ventures) — Series A, Series B
- Horizons Ventures — Series A, Series B, Series C, Series D
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series A, Series B
- Breakout Ventures (https://capitalatlas.ai/funds/breakout-ventures) — Series A, Series B
- Temasek Holdings — Series B
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series B
- Red Swan Ventures (https://capitalatlas.ai/funds/red-swan-ventures) — Series B
- Cape Capital — Series C
- Key Partners Capital (https://capitalatlas.ai/funds/key-partners-capital) — Series C, Series D
- Astanor Ventures (https://capitalatlas.ai/funds/astanor-ventures) — Series C, Series D