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IntegriCulture Inc. Closes Series A Fundraising Round Led by Beyond Next Ventures at JPY800 Million

May 28, 2020•over 5 years ago

Round Type

series a

Tokyo

Description

IntegriCulture Inc. has completed a Series A fundraising round of JPY800 million (USD7.4 million) backed by Beyond Next Ventures, NH Foods, AgFunder and other investors. The cumulative amount raised stands about JPY1.1 billion (USD10.2 million).

Company Information

Company

Integri Culture Inc.

Location

Tokyo, Tokyo, Japan

About

The company's unique patented "CulNet System," a general-purpose large-scale cell culture system, is a biotechnology platform capable of producing animal cell-based food and materials such as meat, leather and other products. By culturing target cells with growth factor source cells in connected bioreactors, the "CulNet System" emulates natural animal body endocrine systems to produce cultured serum. The cultured serum then efficiently and inexpensively cultures target cells without relying on immortalization or externally added foetal bovine serum or growth factors. The system in theory can culture any given animal cells and offers a wide range of applications in food, medical, biochemical and materials products.