Cultivated product firms with pioneering technology, a wide geographical focus and a strategy involving both short- and long-term revenue gains hold an advantage in terms of securing investments, according to ex-Beyond and Impossible Foods VC fund MD.
Germany’s SENS Foods and it’s Thailand-based farm business, The Cricket Lab, have raised €1.9 million (US$2.1 million) in funding to help further automate and launch new products in the market.