Fundz

Novameat raised €17.4 million in an oversubscribed Series A round led by Sofinnova Partners and Forbion to enhance commercial activities and expand its product portfolio.

PRIVATESep 12, 2024

Amount Raised

€17.4 Million

Round Type

Series A

BarcelonaBiotechnologyFood and BeverageAgriculture and FarmingFood ProcessingNutrition

Investors

Rubio Impact VenturesPraesidiumUnovis Asset ManagementForbionSofinnova Partners

Description

Novameat, a sustainable food technology company, announced that it has raised €17.4 million in an oversubscribed Series A round. The investment will be used to enhance commercial activities in new regions and support the expansion of their product portfolio.

Quick answer

Novameat raised €17.4 Million in a Series A round, dated September 12, 2024. Investors: Rubio Impact Ventures, Praesidium, Unovis Asset Management, Forbion and Sofinnova Partners. Novameat is based in Barcelona, Catalonia, Spain.

How much did Novameat raise?
Novameat raised €17.4 Million in a Series A round on September 12, 2024.
Who invested in Novameat?
Rubio Impact Ventures, Praesidium, Unovis Asset Management, Forbion and Sofinnova Partners are named as investors in this round.
What does Novameat do?
ovameat leads the way in creating sustainable plant-based meats with a unique fibrous texture.
Where is Novameat based and how big is it?
Novameat is based in Barcelona, Catalonia, Spain.
Who are the decision-makers at Novameat?
Fundz holds 1 contact at Novameat. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Agriculture and Farming around the same time

Companies in the same sectors as Novameat that raised within 45 days of this round, from Fundz verified event records.

  • Formo raised $61M (Series B) on September 10, 2024.
  • Lil Bucks raised $3M (Series A) on September 10, 2024.
  • MicroLub raised $4.5M (Seed) on October 22, 2024.
  • Cauldron raised an undisclosed amount (Grant) on October 2, 2024.
  • Foodpreneurs Hub raised $500K (Pre-Seed) on September 19, 2024.
  • Climax Foods raised an undisclosed amount (Funding Round) on September 4, 2024.

Who to call at Novameat, and when

A new round usually means Novameat is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Novameat

Location

Barcelona, Catalonia, Spain

About

ovameat leads the way in creating sustainable plant-based meats with a unique fibrous texture. Our dedicated team of innovators combines advanced food science with culinary expertise to develop our proprietary texture-building technology, scaling the principles of 3D printing at industrial level. By prioritising nourishing, high-quality ingredients and avoiding common allergens and complex additives, Novameat provides an inclusive protein source.

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Fundz sees it the moment Novameat raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Novameat raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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