Berkeley meat start-up, New Age Meats, recently raised a $2 million Seed extension round led by TechU Ventures, an early stage investment firm specializing in deep tech. The additional funding will allow New Age Meats to further expand its Food Science department, implement more automation and robotics, and continue dropping the cost of its first product, a pork sausage.
"Food science is incredibly important to our overall mission," said Brian Spears, CEO. "We make meat that consumers prefer to conventional meat. That requires us to invest in understanding how we perceive animal protein. What is the science behind the experience of smelling, seeing, and eating tasty meat? The mission of our company is to make safer meat without slaughter, but we will never be successful unless our products are delicious. With an expanded food science department we are able to deliver on that promise."
Looking beyond this round, a press release explained, New Age Meats is working toward building its pilot facility, scaling product development and production, and getting its first products to market.
Natanel Barookhian, the Managing Partner of TechU, will join the company’s Board as an observer.
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