Redefine Meat is set to finalise the development of its alternative-meat 3D printer after raising $6 million in seed funding.
The funding round was led by CPT Capital and was joined by Israel-based Hanaco Ventures.
Redefine Meat is developing a comprehensive solution that combines a proprietary semi-industrial 3D digital printing platform, a 3D meat modelling system and plant-based food formulations.
The solution delivers a new category of complex matrix “meat” that is both delicious and craveable, while also being cost effective and scalable.
“Redefine Meat is a great fit with our portfolio of companies that are working to replace animals in the food supply chain.” said Costa Yiannoulis, the CPT Capital Investment Director and new director of the Redefine Meat Board.
He added: “From very early on, it was clear that their unique approach has tremendous merits and has already produced some of the highest quality alternative meat products that we have ever encountered.”
Redefine Meat said its products have a 95% smaller environmental impact than animal meat, no cholesterol, and are cost-effective.
Collaborating with chefs and butchers, Redefine Meat has already demonstrated various 3D-printed alt-meat products that are indistinguishable from animal meat, but are 100% plant-based, delicious and dramatically more sustainable and affordable.
“Our goal is not just to develop a new food product, but to introduce a new technology for developing, producing and scaling alt-meat products,” said Eshchar Ben-Shitrit, co-founder and CEO at Redefine Meat.
“We have already successfully printed great products for multiple foodie events, and over the coming 12 months, we will take the technology to the next level where we expect to make a huge impact on the meat market and the future of our planet.”
The printer will be released next year.
