Exclusive: Aleph Farms lands $29m to commercialize lower-cost whole-cut cultivated steak

Exclusive: Aleph Farms lands $29m to commercialize lower-cost whole-cut cultivated steak

Israeli cultivated meat startup Aleph Farms has raised $29 million and expects to raise a further $10–15 million in the coming months as it unveils modifications to its core technology enabling it to make whole cuts with fewer steps at lower cost. The $29 million comprises $22 million raised through a SAFE that has now converted plus $7 million from existing investors raised in the first closing of an ongoing round. The capital injection will en…