Re:meat
To help save our planet by redefining how meat ends up on our plates.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | €1.0m | Seed | |
| Total Funding | 000k | ||
| SEK | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| % profit margin | (267 %) |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Company filings or news article
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Remeat Foods is a forward-thinking startup focused on revolutionizing the meat industry by producing cultivated meat. Cultivated meat, also known as lab-grown meat, is created by cultivating animal cells in a controlled environment, eliminating the need for traditional animal farming. This innovative approach aims to significantly reduce the environmental impact associated with meat production, such as greenhouse gas emissions, land use, and water consumption.
The company primarily targets environmentally conscious consumers and businesses, including ambitious food enterprises and large-scale kitchens. Remeat Foods operates in the burgeoning market of alternative proteins, which is gaining traction as consumers become more aware of the environmental and ethical issues tied to conventional meat production.
Remeat Foods' business model revolves around research and development, production, and eventual commercialization of cultivated meat products. The company is currently focusing on producing minced beef, which has one of the highest environmental impacts among meat types. They plan to offer this product in various forms, such as hamburgers and meatballs. Revenue will be generated through direct sales to consumers and partnerships with food businesses once regulatory approvals are obtained.
The company is in the process of setting up a pilot plant and aims to be market-ready by 2025 or 2026, pending EU novel food approval. By 2028-2030, Remeat Foods aspires to be a key player in the food industry, providing sustainable meat alternatives that require no change in consumer behavior regarding taste, price, and convenience.
In summary, Remeat Foods is poised to make a significant impact on the global food system by offering a sustainable, ethical, and delicious alternative to traditional meat, catering to both individual consumers and large-scale food businesses.
Keywords: cultivated meat, sustainable, ethical, minced beef, environmental impact, alternative proteins, food innovation, lab-grown meat, EU approval, large-scale kitchens.