Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Mosa Meat cultured beef hamburger patty
Mosa Meat cultured beef hamburger patty - Credit: Photo: Mosa Meat
Business
Food
Innovation
Mosa Meat
cultured meat
Bell Food Group
M Ventures
Merck
Mark Post
Maastricht University
Peter Verstrate
Wednesday, 18 July 2018 - 14:00
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Dutch cultured meat startup gets €7.5 million investment

Dutch startup Mosa Meat, that makes meat in a laboratory, received a 7.5 million euros investment from Swiss meat processing company Bell Food Group and M Ventures, the investment branch of German pharmaceutical Merck, a spokesperson for Mosa Meat confirmed to NU.nl.

This is the first major investment in Mosa Meat, which is led by researcher Mark Post from Maastricht University and food expert Peter Verstrate. Post unveiled the first lab-made hamburger patty in 2013. The patty was made from cow sells, instead of a living animal. This first cultured meat patty cost 250 thousand euros and years of research to make.

Mosa Meat now aims to open a production location in the Netherlands by 2021, where the company can produce patties at a cost of 8.50 euros each. The company will use the invested money to scale up its production processes.

Follow us:

Latest stories

  • Hospitals vary widely in when they refer babies to pediatricians
  • The Netherlands has given Ukraine over €1 billion in military aid alone
  • The Netherlands and Morocco look to expand extradition agreement
  • Confidence in Dutch government & central bank has fallen sharply
  • Air France-KLM, Lufthansa could acquire bankrupt Flybe to access landing slots
  • Dutch more worried about natural disasters; Half think country will become uninhabitable

Top stories

  • Netherlands to send a search & rescue team to Turkey after 7.8 magnitude earthquake
  • Dutch employers becoming less critical during hiring process
  • Multiple writers receive threats after defending Pim Lammers, "Unacceptable": Dutch PM
  • Woman killed, 10 hurt in several stabbing incidents over the weekend
  • Regional bus, train staff start 5-day strike; Some Arriva trains running, NS unaffected
  • Police arrest suspect for fatal fire in Arnhem

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content