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Agronomics Limited Announces Dissolution of Meatable
Accessnewswire· 2025-12-19 10:20
Core Insights - Agronomics Limited has announced the dissolution of its portfolio company Meatable B.V and the termination of all operating activities [1][2] Financial Impact - Agronomics has invested a total of £7.9 million in Meatable, which will now be written off to zero, representing approximately 8.10% of Agronomics' last stated Net Asset Value as of September 30, 2025 [3] Strategic Decisions - The board and shareholders of Meatable concluded that an orderly wind-down of the business is the most appropriate course of action due to the inability to secure continued funding from existing shareholders or new investors [2][4]
CULT Food Science Appoints new CFO
Thenewswire· 2025-12-03 13:50
Core Insights - CULT Food Science Corp. has appointed Mitchell Jackman as the new CFO, effective immediately, succeeding Steve Vanry who resigned on the same day [1][4]. Company Overview - CULT Food Science is a disruptive food technology investment platform focused on pioneering the commercialization of lab-grown meat and cellular agriculture to reshape the global food industry [5]. - The company's investment strategies include acquiring equity, debt, or other securities of both public and private companies, financing in exchange for royalties, and acquiring businesses or assets [5]. - CULT Food Science aims to enhance long-term shareholder value through active stewardship and innovation while reshaping the global food system [5]. New CFO Profile - Mitchell Jackman has over 10 years of experience in management and financial consulting for public issuers, with a background in various management roles across different sectors [2]. - He is a founding partner of Cavalry Advisory Group, focusing on financial reporting, compliance, and strategic business assistance [2]. - As a Chartered Professional Accountant, Jackman has played a key role in executing strategic visions through accurate financial reporting and compliance [3].
Leading Global Players Back and Fund Pluri’s Cell-Based Food and Agriculture Collaborations
Globenewswire· 2025-11-10 13:00
Core Insights - Pluri, Inc. has entered significant international collaborations through its foodtech and agtech subsidiaries, marking a major advancement in its mission to transform food and agriculture production using advanced 3D cell-expansion technology [1][2][3] Company Overview - Pluri operates three subsidiaries: Ever After Foods, Kokomodo, and Coffeesai, which have signed collaboration agreements with global leaders in food and agtech across Asia, Europe, and the U.S. This expansion indicates increasing commercial viability and global demand for sustainable, cell-based innovations [2][4] - The collaborations are anchored by a minimum-viable-product (MVP) funded by leading global players, showcasing substantial commitment and trust in the innovative potential of these partnerships [4] Subsidiary Developments - Ever After Foods is advancing scale-up validation and pre-commercial trials with food companies, focusing on turning pipeline projects into pilot results while maintaining a capital-efficient business model [5] - Kokomodo has signed strategic agreements with a European food innovation firm and a U.S.-based multinational, aiming to enhance its research, development, and manufacturing capabilities in the cacao industry [5] - Coffeesai has entered a collaboration with a major East Asian food and beverage conglomerate to accelerate eco-friendly coffee production through cell-based cultivation, minimizing the environmental impact of traditional farming [5] Market Context - The momentum of Pluri's initiatives comes at a time of rising demand for sustainable solutions in agriculture, driven by challenges such as climate change, dwindling natural resources, and a growing global population [3][4] - Pluri's proprietary 3D cell expansion platform enables rapid scaling of next-generation food and agriculture solutions with significantly reduced environmental footprints, addressing global challenges in sustainable food production and climate resilience [6]