MeaTech received net proceeds from this offering of approximately $21.9 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by MeaTech. MeaTech intends to use the net proceeds from this offering to advance its program to develop commercial technologies to manufacture alternative foods, including potential acquisitions of other companies whose technologies are complementary or synergistic to its own, and for general corporate purposes, including working capital requirements.
Nik Talreja, 18.ventures
Lisa Feria, Stray Dog Capital
Prince Khaled bin Alwaleed, KBW Ventures
Andrew Ive, Big Idea Ventures
Mariliis Holm, Sustainable Food Ventures
Lab-grown meat investor Agronomics has raised £10m from a share placing to continue to fund companies in the alternative protein market. The Isle of Man-headquartered company has established a portfolio of 14 companies – including Livekindly, Mosa Meat, Meatable and VitroLabs – at various stages of growth in the rapidly advancing sector. The oversubscribed funding round will provide additional capital for Agronomics to make additional investments following previous raises of £5.5m in January and £7.7m in December 2019.
Tyson Foods Inc now has $32.11B valuation. The stock increased 2.67% or $2.29 during the last trading session, reaching $88.05. About 1.68M shares traded. Tyson Foods, Inc. (NYSE:TSN) has risen 35.39% since August 15, 2018 and is uptrending.