After raising €1.2 million in funding last November, Estonia-based Gelatex has announced the potential to produce enough scaffolding to support the production of 300 tonnes of cultivated meat with its nanofibrous materials technology. The company’s technology has previously cut costs of scaffolding from €100,000 to €1000 per kilogram. Future projections could result in scaffolding costs of less than €2 per kilogram of cultivated meat.
Venture capital firm Lively VC is supporting Gelatex’s work, following its investment in other cultivated meat companies including Cultured Decadence, WildType, and JellaTech.
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Image Credit: Gelatex