In the Netherlands, Meatable has secured $35 million to help boost operations and accelerate commercial sales. The fundraise, which bring its total funding to $95 million, was led by Agronomics with participation from new investor Dutch impact fund Invest-NL. Established backers BlueYard, Bridford, MilkyWay, DSM Venturing, and Taavet Hinrikus, the Chairman and Founder of Wise, also participated.
“We’re thrilled to welcome Invest-NL as a new investor and to have the renewed support from our existing investors,” Krijn de Nood, Co-founder and CEO of Meatable, said in a press statement. The show of confidence is an endorsement of the quality, taste, and proven scalability of Meatable’s products, particularly within the current investment landscape, he added.
Meatable’s first products—sausages and pork dumplings—are slated to begin sales at select Singapore restaurants and retailers by 2024.