We are thrilled to announce the successful close of our Seed round, securing $2.3 million, and welcome aboard amazing partners. Come with us to create a better future! Big Idea Ventures HTGF | High-Tech Gründerfonds Life Science Factory b.value AG Realum.cloud GmbH Kale United ProVeg International ProVeg Incubator Life Science Valley Wachstumsfonds startup.niedersachsen hannoverimpuls GmbH Berlin Partner für Wirtschaft und Technologie GmbH FEASTS RootCamp - A SpinLab Company Adalbert-Raps-Stiftung Leibniz Universität Hannover Bundesverband für Alternative Proteinquellen e.V. - Balpro KitchenTown Berlin Food Campus Berlin Ivo Rzegotta The Good Food Institute Campus Berlin-Buch GmbH Adalbert-Raps-Stiftung Food Campus Berlin
🙌 Welcome to the HTGF Family, Cultimate Foods! The biotech startup is based in Berlin's Biocube and Hannover (Institut für Technische Chemie, Leibniz Universität Hannover) and successfully closed its seed round to scale up production processes and expand commercial collaborations and operation. The 2.3 million round was led by HTGF | High-Tech Gründerfonds. Life Science Valley Wachstumsfonds, b.value AG and Kale United and Big Idea Ventures also participated in this round. 🧫🥩 Cultimate Foods creates a game-changing alternative fat ingredient to bring the authentic meaty experience to plant-based products. While there are lots of plant-based meat products available on supermarket shelves, taste remains the top consumer barrier to the adoption of these sustainable alternatives. 🗨 Eugenia Sagué, Co-Founder and Managing Director of Cultimate Foods says: “Science is the key to addressing many of the problems caused by the food industry. Through innovative technology, we can deliver the meaty flavors consumers crave while simultaneously cutting down on unethical intensive animal farming and tackling climate change by reducing CO2-emissions. Follow your passion and make the world a better place!” 💬 Tilmann Petersen, Investment Manager at HTGF adds: “In a short time, Cultimate Foods was able to achieve significant milestones, establish strong ties with the foodtech industry and cooperations with universities. HTGF is excited to tap into a new investment vertical and support Cultimate Foods in revolutionizing the alternative meat industry with its cell-cultivated fat ingredient. In the food industry we have the chance to create a real impact.“ 🎉 Congratulations to Eugenia, her co-founder George Zheleznyi and the whole team at Cultimate Foods! Learn more by following the link in the comments.