London-based Multus Biotechnology has closed a $9 million Series A funding round to help accelerate its technology aimed at reducing cultivated meat costs.
The funding was led by Mandi Ventures with participation from SOSV, Big Idea Ventures, and SynBioVen, alongside the sustainable materials-focused company, Asahi Kasei. Multus also secured a $2.5 million grant from Innovate U.K. through the EIC Accelerator — Europe’s most competitive start-up grant.
** Click here to read the full-text **