Cultivated meat company to invest in Wilk Technologies
Steakholder Foods, an international deep-tech food company in the cultivated meat industry has announced its participation in a strategic investment round in Wilk Technologies, alongside other players in the food industry such as Danone and the Central Bottling Co., owner of Coca Cola Israel.
The company will purchase ordinary shares of Wilk in the amount of $450,000, giving it a 2.5% stake. Parallel to this investment, Steakholder Foods aims to identify synergies with Wilk, including strategic cooperation using Steakholder Foods’ biology and printing technologies.
According to Arik Kaufman, Steakholder Foods CEO, the company views this collaboration as part of its commitment to sustainable food solutions and as another step in expanding its contribution to the Food-Tech ecosystem and optimising its investment and holding structure.
Australian brand Rosella celebrates 130 years
Aussie brand Rosella celebrates its 130-year milestone with the release of special-edition 130th...
IFPA ANZ honours Michael Simonetta with award
The International Fresh Produce Association ANZ (IFPA ANZ) has awarded its first-ever Lifetime...
ACCC commences informal review of a proposed acquisition by Lactalis
ACCC is seeking submissions for its informal competition assessment as Lactalis proposes to...
