Start-up Cultivated Meat Company Avant Raises US$3.1 Million in Funding Round
Avant, a cultivated meat start-up company based in Hong Kong, announced on Thursday that they have closed a US$3.1 million seed funding round. The funding is being backed partially by Markus Haefeli, the chairman of Regal Springs, the world’s largest responsible tilapia producer, and will fuel the company’s first commercial product launch in 2021.
In addition to Haefeli, the funding round saw participation from prominent Greater China investors, like China Venture Capital, AngelHub and ParticleX. Western alternative protein investors, like...
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