TRADING UPDATES: Agronomics notes investee Meatly's progress
(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News:
Read moreWed, 16th Dec 2020 11:43
(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News:
Read moreAgronomics Ltd - Isle of Man-based venture capital firm which invests in cellular agriculture companies - Says portfolio company Solar Foods Oy has raised an additional EUR8 million in funding via Finnish investment organiser Springvest Oyj. In November it had already raised EUR8 million in a series B financing round. Agronomics Chair, Jim Mellon commented: "Solar Foods has shown impressive execution with the funds they have raised to date. It is one of the few companies in this field with a wholly owned and fully operational factory and regulatory approval which puts Solar Foods as one of the most advanced cell ag companies globally. We are very much looking forward to seeing product sales begin in Singapore and for regulatory approval in Europe."
Read more(Sharecast News) - Cellular agriculture investor Agronomics announced on Friday that its portfolio company Solar Foods had raised an additional €8m through Finnish investment organiser Springvest.
Read more(Alliance News) - Agronomics Ltd on Wednesday said its portfolio company and cultivated beef production firm Mosa Meat BV has raised EUR40 million to finance further scaling of its production process.
Read more(Sharecast News) - Cellular agriculture investor Agronomics announced the completion of a €40m fundraising round by its portfolio company Mosa Meat on Wednesday.
Read moreAgronomics Ltd - Isle of Man-based venture capital firm, investing in cellular agriculture companies - Invests USD10 million through a secured convertible promissory note, a form of convertible debt, in portfolio company Liberation Labs Holding Inc using its existing cash resources. Liberation Labs is a US biotechnology firm aiming to commercialise precision fermentation technology. Investment was part of Liberation Labs' USD12.5 million financing round to help fund the continued construction of its facility in Richmond, Indiana, with commission expected in the first quarter of 2025. Agronomics has to date invested USD17.6 million in Liberation Labs, currently carried at GBP25.7 million or USD32.5 million and giving it a 37.5% stake on a fully diluted basis.
Read more(Sharecast News) - Cellular agriculture investor Agronomics announced a significant investment of $10m in its portfolio company Liberation Labs on Friday, as part of a broader $12.5m financing round, with existing investor Siddhi Capital also participating.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Sharecast News) - Cellular agriculture investor Agronomics announced on Tuesday that its portfolio company Onego Bio has secured €27m in its series A financing round.
Read more(Alliance News) - Agronomics Ltd on Tuesday said that its portfolio company, Clean Food Group Ltd, has received further funding to commercialise its technology.
Read more(Alliance News) - Agronomics Ltd announced on Wednesday plans to bring animal-fee casein protein to the mass market.
Read more(Alliance News) - Agronomics Ltd on Monday said its portfolio company Good Dog Food Ltd, which trades as Meatly, has created cans of pet food that use cultivated chicken.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - Agronomics Ltd on Wednesday reported a decline in half-year net asset value per share, and investment income plummeted.
Read more(Sharecast News) - Agronomics reported a net asset value per share of 16.9p in its unaudited interim results on Wednesday, representing a slight decrease from the prior period.
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