Meatly

Meatly, a pioneering London-based foodtech firm specialising in cultivated meat products, has successfully raised £10.4 million in a Series A funding round.

Summary of transaction details:

• Value: £10.4 million
• Sector: Foodtech & Biotechnology
• Advisor: Not specified
• Key Entities: Target: Meatly; Investors: Oyster Bay Venture Capital, Clean Growth Fund, JamJar Investments
• Location: London, UK (Target company and facility location)

Note: This investment will significantly boost Meatly's research and development efforts and fund the construction of a 20,000-litre bioreactor facility in London, solidifying its position in the cultivated meat market and contributing to sustainable protein production.