Pluri Subsidiary Ever After Foods Secured $10 Million Strategic Investment to Solve Cultivated Food Scalability Challenges

Core Insights - The joint investment in Ever After Foods highlights the importance of collaboration in creating a sustainable global food system, with a focus on cultivated meat technology [1][14] - Ever After Foods aims to revolutionize meat production by providing ethical and sustainable cultivated meat products at scale, leveraging Pluri's advanced technology [7][10] Investment and Financials - A $10 million funding round from U.S. and EU strategic investors will enhance Ever After Foods' capabilities in producing cultivated meat, fish, and seafood, addressing scalability challenges in the industry [14] - The investment round includes participation from global corporates and Tnuva, indicating strong confidence in Ever After Foods' business model and technology [9][11] Technology and Innovation - Ever After Foods utilizes Pluri's patented 3D cell expansion technology, which allows for up to six times more protein and 700 times more lipids from each cell compared to other platforms, enhancing nutritional and flavor profiles [5][10] - The company has developed a B2B version of its technology that significantly reduces production costs by over 90% while increasing productivity [10] Market Position and Strategy - Ever After Foods is positioned as a leading technology enabler in the cultivated meat sector, with plans to expand its reach and impact in international markets [9][15] - The collaboration with Tnuva and other global partners is expected to deepen industry networks and accelerate growth in the cultivated meat space [15]