Fundz

Steering Into The Industry Skid, This Cultivated Meat Startup Raises An Uncommon $30 Million

PRIVATEJun 09, 2023

Amount Raised

$30 Million

Round Type

Funding Round

CambridgeBiotechnology

Investors

Sebastiano CastiglioniMiray ZakiMax And Sam AltmanEast AlphaRed AlpineLowercarbonBalderton Capital

Description

Cambridge-based biotech startup Uncommon has raised $30 million in a Series A funding round. Formerly known as Higher Steaks, the startup will use the investment to further develop its unique approach to lab-grown lunch, ramp up production, and begin what’s proven to be the Achilles heel of the industry: the dreaded approvals process.

Quick answer

Uncommon raised $30 Million in a Funding Round round, dated June 9, 2023. Investors: Sebastiano Castiglioni, Miray Zaki, Max And Sam Altman, East Alpha, Red Alpine, Lowercarbon and Balderton Capital. Uncommon is based in Cambridge, Massachusetts, United States.

How much did Uncommon raise?
Uncommon raised $30 Million in a Funding Round round on June 9, 2023.
Who invested in Uncommon?
Sebastiano Castiglioni, Miray Zaki, Max And Sam Altman, East Alpha, Red Alpine, Lowercarbon and Balderton Capital are named as investors in this round.
What does Uncommon do?
Powered by breakthrough technology, our vision of a mouth-watering, affordable and healthy protein is fast approaching - we’ve pioneered a strategy to scale cultivated meat that eliminates the industry’s largest cost..
Where is Uncommon based and how big is it?
Uncommon is based in Cambridge, Massachusetts, United States.
Who are the decision-makers at Uncommon?
Fundz holds 1 contact at Uncommon. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Gossamer Bio raised $212M on July 24, 2023.
  • Tenon Medical raised $287K (Seed) on July 24, 2023.
  • Crescendo Biologics raised $32M (Funding Round) on July 24, 2023.
  • We Are the New Farmers Inc. raised $500K (Seed) on July 24, 2023.
  • Aptitude raised an undisclosed amount (Funding Round) on July 24, 2023.
  • BioSynchronicity raised $10K (Pre-Seed) on July 21, 2023.

Who to call at Uncommon, and when

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

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Company Information

Company

Uncommon

Location

Cambridge, Massachusetts, United States

About

Powered by breakthrough technology, our vision of a mouth-watering, affordable and healthy protein is fast approaching - we’ve pioneered a strategy to scale cultivated meat that eliminates the industry’s largest cost driver with zero genetic engineering. Previously known as Higher Steaks Ltd, we’ve successfully scaled from a compact start-up to a dynamic company of 50+ creative scientists, engineers and operators, committed to a massive takeover of the food industry. We’ve developed a scalable production process that can cut costs, drastically reduce waste materials and improve the health of consumers. We’ve raised capital totalling $37M from Balderton, Lowercarbon Capital, RedAlpine, Sam Altman (Open AI founder) and Max Altman as well as the UK government through a $1.2M Innovate UK grant. From the cell to the sizzle, our Uncommon Bacon and Uncommon Belly are packed full of nutritious goodness and fantastic flavour; paving the way for an Uncommonly good future of delicious, healthy and sustainable meat. Unleash your creativity and join us!

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Uncommon 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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