Meatable Cell-cultivated Protein Company Ceases Trading

Credit: Oleksandra Naumenko/Shutterstock

Cell-cultivated macromolecule institution Meatable has coiled up operations aft failing to raise caller funding.

London-listed Agronomics, a semipermanent investor successful nan Dutch business founded successful 2018, said nan Meatable committee and its shareholders “have resolved to dissolve nan ineligible entity and its related group companies and to terminate each operating activities”.

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In a banal speech announcement connected Friday (19 December), Agronomics added nan Dutch patient has faced a number of challenges successful 2025, described arsenic “foreseeable and unforeseeable risks and uncertainties”.

Those, it said, “have had an effect connected nan company’s expertise to execute its strategy and present its expected performance” and included nan nonaccomplishment to emergence caller costs from either existing aliases different investors.

Agronomics was 1 of nan early investors successful Meatable, group up by Krijn de Nood, Daan Luining and Dr. Mark Kotter to nutrient pork sausages and dumplings from lab-grown pig cells.

A further $35m was raised by Meatable successful August 2023, including from Agronomics, taking full backing astatine nan clip to $95m.

Agronomics said successful its filing connected Friday that it had invested a full of £7.9m ($10.6m) successful Meatable pinch a carrying worth of £11.9m. That will now beryllium written disconnected to zero, nan investor added.

“Following a thorough reappraisal of strategical options, nan committee and shareholders person concluded that an orderly wind-down of nan business is nan astir due people of action,” nan announcement read.

“The winding-up of Meatable will beryllium conducted successful accordance pinch nan applicable statutory liquidation procedures.”

Meanwhile, Jim Mellon, nan executive chair of Agronomics, said: “While this result is disappointing, we judge nan determination has been taken responsibly and successful nan champion interests of each stakeholders.”

The demise of Meatable comes aft different cell-cultivated nutrient institution precocious closed down operations – Israel-based Believer Meats.

While wide reported successful nan media, Anne Schubert, Believer Meats’ world caput of HR, took to LinkedIn earlier successful December.

“After 2 years of building thing bold and ambitious, my travel pinch Believer Meats has travel to an end,” she wrote. “While nan result is not what immoderate of america hoped for, I americium incredibly proud of what we accomplished together.”