Dutch cultivated meat tech firm Meatable receives investment from Thailand’s Betagro
Betagro Ventures, the corporate venture capital arm of Thailand-based integrated food company Betagro, announced a strategic investment in Meatable, a Dutch cultivated meat technology company committed to producing sustainable, real meat without injuring animals, on Tuesday.
According to a statement, this collaboration is a historic accomplishment since Betagro is the first meat company in Asia to invest in Meatable, demonstrating its dedication to creative, sustainable food solutions.
It supports Meatable’s objective to transform protein production in the face of the growing demand for meat worldwide.
Betagro’s investment demonstrates the company’s strong belief in Meatable’s innovative cell-based technology, which can produce premium beef and pork that closely resembles the nutritional profile, flavor, and texture of meat produced traditionally.
Meatable’s expansion and market entry into Asia, where there is a growing need for scalable, sustainable food options, will be accelerated by this partnership.
Meatable’s ground-breaking strategy makes use of opti-oxTM, a proprietary stem cell technology named one of the top inventions of 2024 by TIME.
By producing actual meat without the need to harvest animals, this technology significantly lessens its impact on the environment. The technology investment made by Betagro is in line with its strategic objectives of growing its sustainable projects and providing its clients with a wide range of premium protein options.
“We are delighted to welcome Betagro as our first investor from the traditional meat industry,” said Jeff Tripician, CEO of Meatable. “This investment is not just a testament to the potential of our cultivated meat technology, but also a strong indication that established food leaders like Betagro are willing to champion innovation for a sustainable future. With their deep understanding of the Asian market and extensive network, we are confident that this partnership will significantly enhance our ability to bring cultivated meat to tables across Asia.”
“Betagro Ventures’ investment into Meatable represents our Group’s commitment to innovation and driving sustainable change across the food industry,” said Chayadhorn Taepaisitphongse, Managing Director of Betagro Ventures. “We firmly believe in the underlying technology and vision of Meatable, and look forward to partnering with the company to bring cultivated meats to consumers across Southeast Asia.”
Meatable is demonstrating its dedication to Asia with Betagro’s investment, positioning it to grow its strategic alliances across the continent. This partnership strengthens both businesses’ goals to steer the food industry toward a more sustainable future and creates opportunities for future co-development initiatives.
The corporate venturing division of Betagro PLC, Betagro Ventures, focuses on venture building and venture investments.
Betagro is an integrated food company based in Thailand.
