Roslin Technologies Raises ￡11M in Series A Funding

Roslin Technologies, an Edinburgh, UK-based meals and ag tech firm, raised ￡11M in Collection A funding.

The spherical was led by Novo Holdings, with participation from Kairos Capital Group, Nutreco, Future Planet Capital, Esco Lifesciences, and Alchimia. Nis Bak from Novo Holdings joined the board of Roslin Tech. This provides to funding obtained in 2021-2022 from Scottish Enterprise and present shareholders together with the College of Edinburgh’s enterprise capital fund, Outdated School Capital, and Future Planet Capital’s BIF Alternatives LP.

The corporate intends to make use of the funds to speed up development, develop its cell line portfolio, additional develop the protocols for scaling up of its cells, and spend money on its insect enterprise.

Led by CEO Ernst van Orsouw, Roslin Tech is a meals and ag tech firm whose core capabilities lie in growing and commercialising animal stem cells for the nascent international cultivated meat business. The corporate has developed pluripotent animal stem cells with the capability to self-renew indefinitely and differentiate into desired end-tissues for meat and is making these cells obtainable to cultivated meat producers globally. Presently, Roslin Tech has clients in North America, Europe, Asia and the Center East. The corporate was based in 2017 as a enterprise between two funding companies and the College of Edinburgh from which it has sure rights to commercialize mental property from the College’s Royal College of Veterinary Research and the Roslin Institute, a world chief in animal science.

Shishir Gupta, The Founder & CEO of StartupLanes said,

Roslin Technologies Raises ￡11M in Series A Funding. May this business bring you huge success and fulfillment.

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