
Meatiply
Cultivated meat and functional ingredients for food manufacturers.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
* | $3.8m | Seed | |
Total Funding | 000k |
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Meatiply is a Singapore-based food technology startup that develops cultivated meat and functional ingredients. The company was founded in 2021 by a team of researchers from Singapore's Agency for Science, Technology and Research (A*STAR): Dr. Elwin Tan (CEO), Dr. Jason Chua (CSO), Dr. Benjamin Chua (COO), and Professor Teh Bin Tean. The founders' background in stem cell biology and muscle regenerative science forms the technical foundation of the company.
The company utilizes a multi-cell type approach, cultivating muscle, fat, and skin cells separately to create structured meat products that replicate the sensory and nutritional qualities of conventional meat. This technology allows for the creation of complex products and value-added compounds, positioning the company to also serve the nutraceutical and wellness markets. Meatiply's business model is primarily B2B, focusing on co-development partnerships with food manufacturers to create hybrid products that combine cultivated and plant-based ingredients. This strategy aims to enhance existing products with improved health benefits and taste profiles.
In October 2022, Meatiply showcased three prototypes: kampong chicken yakitori, chicken katsu, and Asia's first cultivated smoked duck breast. The company has raised a total of $4.75 million, including a $1 million pre-seed round in 2022 and a $3.75 million seed round in December 2023. The funding is being used to expand R&D capabilities and scale up production, with a new facility planned to open in 2024 and a commercial launch targeted for 2026. Meatiply's initial target market is Singapore, with plans to expand into other East Asian markets like South Korea, Japan, and China.
Keywords: cultivated meat, cellular agriculture, food technology, functional ingredients, alternative proteins, B2B food production, cell-based meat, sustainable food, nutraceutical ingredients, hybrid meat products, structured meat, poultry cultivation, food science, cell cultivation, meat alternatives, Singapore agritech, stem cell technology, food innovation, Asian cuisine, co-development partnerships