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Agrifood

A pioneer in cultivated meat technology

Approach

Direct investment

Date

May 23, 2024

Reading time

3 minutes

Meatable, an innovative Dutch company based in Leiden, is on the verge of a food revolution with its cultivated meat technology. Aiming to produce meat identical to conventional meat but without the negative environmental impact, Meatable has quickly become a leader in this rapidly expanding industry.

Invest-NL invested € 15 million in Meatable, partly covered by a guarantee from the InvestEU programme, of which Invest-NL became an implementing partner in 2023. Krijn de Nood, CEO of Meatable, and Bastiaan Gielink, Senior Investment Manager at Invest-NL, share insights about the investment process and the period afterwards.

We are pleased with the EU's willingness to invest in cultivated meat.


Bastiaan Gielink

Senior Investment Manager at Invest-NL

Do what we say and say what we do.


Krijn de Nood

CEO Meatable

Innovative entrepreneurship means managing expectations

The Nood also discusses the challenges associated with working on such groundbreaking innovation. "Managing expectations is crucial. We focus on a step-by-step approach to demonstrate what we can do, without falling into ‘overpromise’ and ‘underdeliver’. Our sober Dutch approach, I believe, helps us build trust by being consistent in our communication and delivery," he says. “Do what we say and say what we do.”

With a view to a product launch in Singapore and approval to organise tastings in the Netherlands, Meatable foresees an exciting period ahead where the Dutch and eventually the global public can get to know cultivated meat. "These developments bring us closer to our goal of making cultivated meat accessible to everyone, with respect for people, animals and the planet," concludes the Nood.

Questions about this investment? Bastiaan is happy to help!

Bastiaan Gielink

sr. investment manager