Meatable

Overview
Activities
News
Cell-cultured Meat?
Product stageSegments
Minimum Viable Product
?
Manufacturers (pork), Manufacturers (beef)
?

Based in the Netherlands, Meatable is a startup developing cell-cultured meat. The startup uses pluripotent stem cells, which have the ability to convert to muscle or fat cells without using fetal bovine serum (FBS) or Chinese hamster ovaries (CHO). Meatable’s proprietary technology was developed in collaboration with Roger Pedersen, a stem cell biologist and founder of the University of Cambridge's Stem Cell Institute, and Mark Kotter, a Cambridge neurosurgery clinician scientist.

Meatable sources stem cells from animals' umbilical cords to produce its cultivated products. It claims its proprietary technology can be further scaled to develop more complex products, like steak. In May 2023, the company unveiled its cultivated pork sausage during a tasting event in Singapore. During the event, the company also announced it has brought forward its commercialization target from 2025, and now plans to enter the Singaporean market by 2024, followed by a US launch. In November 2023, the company unveiled a new pilot facility at the Bio Science Park in Leiden to expand its cultivated pork production capabilities. This 3,300 sq m facility is equipped with a bioreactor capacity of 200 l with expansion available up to 500 l.

In March 2024, the company achieved a new milestone, halving its previous 8-day cultivated meat production timeframe. According to the company, its platform is 60x faster than conventional pig farming and offers significant cost-reductions. In April 2024, Meatable held the first cultivated meat tasting in the EU following its approval for product safety from the third-party committee sanctioned by the Dutch government. The tasting event held at its new headquarters in Leiden featured its cultivated pork sausages derived from pig cells. Following this, in May 2024, the company announced the appointment of Jeff Tripician as CEO. With over 30 years of experience in the food and beverage industry, Tripician was brought on to drive Meatable’s US expansion plans.

Key customers and partnerships

The startup entered a joint development agreement with Royal DSM to develop cost-effective growth media for cultured meat production, which could help scale production while being cost-effective. In October 2022, the company partnered with Esco Aster to begin production of cultivated pork in Singapore. Further, in November 2022 the company partnered with Singaporean plant-based butcher Love Handle to establish the “Future of Meat” innovation center in Singapore.


HQ location:
Delft NLD
Founded year:
2018
Employees:
51-100
IPO status:
Private
Total funding:
USD 105.5 mn
Last Funding:
-
Last valuation:
USD 42.3 mn (Feb 2021)
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