# Novameat Tech S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/novameat-tech-s-l

- Industry: Food
- Headquarters: Barcelona, Spain
- Website: www.novameat.com
- Total disclosed funding: $19M
- Latest round: Series A (Sep 12, 2024)
- Investors on record: 5

## About

Based in Barcelona, Spain, and founded in 2018, Novameat Tech S.L. engages in developing cutting-edge technology solutions to provide plant-based foods to the world's growing population. In September 2024, Novameat Tech S.L. raised EUR 17.4 million in series A funding co-led by Sofinnova Partners and Forbion, with participation from returning investors Unovis Asset Management, Praesidium, and Rubio Impact Ventures. Giuseppe Scionti is the founder and CEO of the company.

The company provides proprietary technologies that allow producing plant-based meat substitutes with the same texture, appearance, taste, and nutritional properties as a variety of animal meat products, including beef steaks. The firm offers NOVAMEAT Steak 2.0 which is a plant-based steak, and Pork 2.0.

The company will use the September 2024 funding to launch a broader range of products, increase its commercial activity and global market reach, and further scale production using its MicroForce technology.

## Funding rounds

- Series A, Sep 12, 2024, $19M — Sofinnova Partners, Forbion, Rubio Impact Ventures, Praesidium, Unovis Asset Management

## Investors

- Sofinnova Partners (https://capitalatlas.ai/funds/sofinnova-partners) — Series A
- Forbion (https://capitalatlas.ai/funds/forbion) — Series A
- Rubio Impact Ventures (https://capitalatlas.ai/funds/rubio-impact-ventures) — Series A
- Praesidium (https://capitalatlas.ai/funds/praesidium) — Series A
- Unovis Asset Management (https://capitalatlas.ai/funds/unovis-asset-management) — Series A