Core Insights - Steakholder Foods Ltd. has received a total of USD 740,000 from a USD 1,000,000 grant awarded by the Singapore-Israel Industrial R&D Foundation (SIIRD) for the development of 3D-printed plant-based fish and eel [1][2] - The third payment of USD 250,000 was received due to significant advancements in creating eel texture and flavor, highlighting the company's commitment to food technology innovation [1][2][3] Funding and Grant Details - The first installment of the grant was disbursed in March 2024, followed by a second payment in November 2024, both linked to successful milestones in 3D printing technology [2] - The current phase involves developing new premix blends for 3D-printed eel, showcasing the company's ongoing research and development efforts [2] Company Overview - Steakholder Foods specializes in alternative proteins and 3D printing technologies, aiming to transform the food industry by providing sustainable seafood alternatives [3][4] - The company was founded in 2019 and focuses on creating high-quality, 3D-printed food products that meet consumer expectations for taste and texture [3][4]
Steakholder Foods® Secures $250,000 in Third SIIRD Grant Installment