UK Cultivated Meat Startup Meatly Raises £10.4 Million Series A to…

Team S · 2026-05-11T15:11:53.000Z

🇬🇧 London-based cultivated meat startup Meatly has raised £10.4 million ($14 million) in a Series A funding round as it looks to scale production capacity and accelerate commercialization of cultivated meat products across Europe. The round included participation from existing and new investors such as Agronomics, Oyster Bay Venture Capital, Clean Growth Fund, JamJar Investments, and Pets at Home. Founded in 2022 by Owen Ensor, Meatly develops lab-grown meat products using cellular agriculture technology and has positioned itself as one of the leading cultivated meat startups in the UK. The company gained significant industry attention after becoming the first firm in Europe to receive regulatory approval for cultivated meat products for pet food applications. It officially launched cultivated chicken pet treats in the UK market in early 2025. The newly raised capital will primarily be used to build a large-scale 20,000-litre bioreactor production facility in London, which Meatly says could become Europe’s largest cultivated meat manufacturing site. The company is targeting commercial-scale production by 2027 as it aims to reduce production costs and improve scalability across its supply chain. Meatly stated that it has already achieved major cost reductions in cell culture media and bioreactor operations over the last two years, addressing two of the biggest economic challenges facing the cultivated protein industry. The company believes its production economics are now moving closer toward commercial viability compared to earlier industry benchmarks. The funding comes amid increasing investor interest in alternative protein and climate-focused food technologies as governments and food companies globally look for sustainable protein solutions that can reduce environmental impact, land usage, and dependence on traditional livestock farming. Europe has also emerged as a rapidly growing hub for foodtech and cellular agriculture investment over the last few years.

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UK Cultivated Meat Startup Meatly Raises £10.4 Million Series A to… | Newnex