LONDON: Agronomics (LSE: ANIC), a leading company in cellular agriculture, has reported that its portfolio company Liberation Labs Holdings Inc. has raised an additional US$ 3.5 million through a Secured Promissory Note. Agronomics contributed US$ 2.0 million from its own cash reserves. The Note carries an annual interest rate of 10% and will mature on…
Tag: Agronomics
Climate tech company, GALY, raises $33 million in Series B financing
LONDON: Agronomics’ portfolio company GALY CO. has closed an oversubscribed US$ 33 million Series B financing led by Breakthrough Energy Ventures LLC, with additional participation from new investors H&M Group Ventures and Industria de Diseño Textil, S.A. (through Mundi Ventures). Founded in 2019 with a mission to find ethical and sustainable agricultural solutions, GALY Cotton is…
Onego Bio secures EUR 14 million in new funding from European Innovation Council
LONDON: Onego Bio Ltd, an Agronomics company, has secured EUR 14 million in new funding from the European Innovation Council Accelerator Program and an additional Series A investor. In April, Onego announced it closed EUR 37 million in its series A round which, including this new capital, brings Onego’s total funding to date to EUR…
Solar Foods raises an additional EUR8 million in new financing
LONDON: Agronomics (LSE:ANIC), a leading listed company focused on the field of cellular agriculture, announced that portfolio company Solar Foods Oy has raised an additional EUR8 million in funding via Finnish investment organiser Springvest Oyj. This additional funding is a subsequent close to Solar Food’s Series B round which took place in November 2023, bringing…
Agronomics invests US$ 10 million in Liberation Labs
LONDON, UK: Agronomics (LSE: ANIC) has invested US$ 10 million in its portfolio company Liberation Labs Holding Inc. as part of a wider US$ 12.5 million financing round with participation from existing investor Siddhi Capital. The investment was made in the form of a Secured Convertible Promissory Note (SCPN), a form of convertible debt, for…
Agronomics’ Onego Bio raises €27 million in Series A financing led by NordicNinja VC
LONDON: Agronomics (LSE: ANIC) portfolio company Onego Bio Ltd has successfully raised €27 million in its Series A financing, led by NordicNinja VC, a Japanese-Nordic VC backing companies in climate and deep tech. In addition, Onego Bio secured a further €9.5 million in non-dilutive funding from Business Finland, a government organisation offering grant funding for…
UMAMI Bioworks acquires Shiok Meats, an Agronomics portfolio company
LONDON: Agronomics (LSE: ANIC) has announced the acquisition of its portfolio company, Shiok Meats, by UMAMI Bioworks Pte. Ltd. The deal, structured as a share-for-share exchange, marks a significant step towards the scalable production of sustainable seafood. UMAMI Bioworks, a Singapore-based trailblazer in cultivated seafood, employs cutting-edge stem cell technology, machine learning, and automation in…
Agronomics invests AUD 2.5 million in HydGene Renewables to advance green hydrogen production
LONDON, UK: Agronomics (ANIC:LSE), a leading company focused on cellular agriculture, has made a significant investment of AUD 2.5 million in HydGene Renewables Pty Ltd (“HydGene”). The investment is part of HydGene’s AUD 6 million Seed financing round and aligns with Agronomics’ commitment to investing in environmentally-friendly opportunities. The funds were drawn from Agronomics’ own…
Agronomics makes follow-on investment in CellX
LONDON, UK: Agronomics (AIM:ANIC), the leading listed company focused on the field of cellular agriculture, has invested a further US$ 2 million into Chinese cultivated meat company CellX Limited (“CellX”), subscribing for 857,363 preferred shares. CellX is a leading cultivated meat company based in Shanghai. Agronomics will have a 5.14% equity ownership in CellX, on…
Agronomics invests more in plant cell culture company, GALY CO
LONDON, UK: Agronomics, the leading listed company focused on the field of cellular agriculture, has invested a further $1 million into GALY CO. GALY CO. is an existing portfolio company focused on plant cell culture. Agronomics will subscribe for 364,710 Series A Preferred Stock using cash from the Company’s own resources. Following this investment, Agronomics…
Agronomics co-leads SuperMeat’s Series A Financing
LONDON, UK: Agronomics Limited has co-led the Series A Financing for portfolio company SuperMeat (The Essence of Meat Ltd) with a US$ 10 million investment, subscribing for 188,158 Series A Preferred Shares, a notice said. SuperMeat is a leading cultivated chicken meat company based in Israel. The funding round was co-led alongside New Agrarian Company…
Agronomics leads Ohayo Valley pre-seed funding
LONDON, UK: Agronomics, the leading listed company focused on cellular agriculture, has completed a subscription of $1.5 million in the form of a Simple Agreement for Future Equity (SAFE), in Ohayo Valley Inc. The Subscription will be paid using cash from the Company’s own resources. Ohayo Valley is a cultivated meat company, initially focused on…