Uncommon, the rebranded name of Higher Steaks, has secured $30m (£23.9m) in funding for its cultivated meat company.
OpenAI’s CEO Sam Altman is among the existing investors who have shown interest in Uncommon’s latest funding round. Balderton Capital and Lowercarbon, two of the most reputable investors in the market, spearheaded the Series A funding round. Max Altman, Miray Zaki, Sebastiano Castiglioni, Red Alpine, and East Alpha were all in attendance to join them.
Currently, the primary focus of the food tech startup is on cultivated pork, which includes popular cuts such as bacon and pork belly. Using their groundbreaking technology, the company has developed a method to control the molecule that is responsible for directing cells to produce protein from a single animal cell.
The Cambridge-based startup’s approach does not require genetic modification, antibiotics, animal products or “toxic small molecules”.
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