December 9, 2020

Agronomics, a leading listed investor in alternative proteins with a focus on cellular agriculture and cultivated meat, is pleased to announce today that the Company has completed a subscription of US$ 50,000, in the form of a Simple Agreement for Future Equity (SAFE), in CellX Limited. The Subscription will be paid using cash from the Company’s own resources. The SAFE will convert at the valuation cap divided by the company capitalization at the next equity financing, which should give Agronomics an approximate equity ownership of 1.43%. CellX is a China based cellular agriculture company, focusing on cell-based pork and seafood products initially.

This clipping was added via the Protein Report NewsEngine, a market intelligence tool for tracking developments in the protein industries. Learn more.

In This Article

Newsletter Signup

Event Partners

Bridge2Food logo
ICBM logo
future food-tech logo
cultured meat symposium
Reformulate logo
Sustainable Foods Conference logo