Modern Meadow: Raises $130M in Series C Funding

  • Modern Meadow, a Nutley, New Jersey and Brooklyn, New York based biofabrication company, raised $130m in in Series C funding
  • The round was led by Key Partners Capital with participation from Astanor Ventures, Horizons Ventures and Cape Capital
  • The company intends to use the funds to invest in research and development across material science and biotechnology
  • Modern Meadow is a company that uses biofabrication to create sustainable materials
  • Its proprietary technology integrates design, biology, and material science
  • The company has a team of 90 people with expertise in molecular biology, material science, engineering, and design
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Regulators Brief Banks on Anthropic Cyber Risk Amid Growing Concerns

Regulatory bodies emphasize urgent risks from Anthropic's AI developments.Highlights: Regulators issue warnings about Anthropic's AI-related cyber risks.Financial institutions...

GoCardless Achieves Profitability in First Quarter

Fintech company GoCardless reports a significant financial milestone.Highlights: GoCardless has posted its first profitable quarter.The fintech company reported...

AI Fintech Startup Round Raises $6 Million to Accelerate Growth

Funding will enhance AI-driven financial solutions for consumers.Highlights: AI fintech startup raises $6 million in funding.Investment aimed at...

Wise Strengthens US Presence by Shifting Primary Listing

The fintech firm moves its primary share listing to the United States.Highlights: Wise to change primary listing from...