AgTech Funding Alt Protein Food Tech

Meatable Secures Strategic Investment from Betagro Ventures

Meatable has received a strategic investment from Betagro Ventures, the corporate venture capital arm of Thailand-based Betagro.
Image provided by Meatable.

Key Takeaways

  • Meatable has received a strategic investment from Betagro Ventures, the corporate venture capital arm of Thailand-based Betagro, a leading food company in Asia.
  • This marks the first investment in Meatable by a traditional meat company in Asia, supporting its mission to produce sustainable, cultivated meat without harming animals.
  • Meatable’s opti-oxâ„¢ technology enables the production of real pork and beef with reduced environmental impact, mirroring the taste and texture of conventional meat.
  • The partnership aims to accelerate Meatable’s growth and market entry in Asia, where demand for sustainable protein solutions is increasing.

Investment Highlights Betagro’s Commitment to Innovation

Betagro Ventures’ investment in Meatable signifies confidence in the company’s cultivated meat technology, which uses opti-ox™, a proprietary stem cell technology recognized by TIME as one of the best inventions of 2024. This technology enables Meatable to produce real meat without the need for animal harvesting, addressing sustainability challenges in traditional meat production.

The collaboration aligns with Betagro’s strategic goals to expand sustainable initiatives and diversify its protein offerings for consumers across Southeast Asia.

Jeff Tripician, CEO of Meatable, commented: “We are delighted to welcome Betagro as our first investor from the traditional meat industry. Their understanding of the Asian market and extensive network will significantly enhance our ability to bring cultivated meat to tables across Asia.”

Chayadhorn Taepaisitphongse, Managing Director of Betagro Ventures, added: “Our investment into Meatable reflects our commitment to driving sustainable change across the food industry. We believe in the potential of their technology and look forward to partnering with Meatable to bring cultivated meat to Southeast Asian consumers.”

Supporting Sustainable Growth in Asia

The partnership comes as Asia experiences a surge in demand for sustainable food solutions. Meatable plans to leverage Betagro’s market expertise and infrastructure to accelerate its regional presence. This collaboration also opens opportunities for potential co-development projects and further strategic partnerships in the region.

Advancing Sustainable Protein Production

Meatable’s approach to cultivated meat production focuses on reducing environmental impact while maintaining the taste, texture, and nutritional profile of conventional meat. By securing investment from a leading food company like Betagro, Meatable underscores its commitment to reshaping protein production and driving innovation in sustainable food systems.

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