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Micro Meat accepted into Newchip's global accelerator program

Micro Meat accepted into Newchip's global accelerator program

August 12, 2022

Micro Meat, a new platform that enables existing and emerging businesses to produce meat faster than with animals, was accepted into Newchip’s global accelerator program.

Newchip has helped over 1,500funders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9 billion. Micro Meat will benefit from funding that is more than 17.5 times the average funding amount.

“By participating in Newchip's Accelerator, Micro Meat looks forward to enhancing its capabilities so that it may establish itself as the upscaling partner of any company looking to be part of this growing industry”, says Vincent Pribble, Co-founder. “Backed by the expertise and knowledge of Newchip, we are looking forward to several exciting months ahead.”

“Newchip evaluates a vast and diverse number of seed-stage companies from around the globe, selecting only a small percentage to be part of our Seed Accelerator program,” comments Armando Vera Carvajal, Vice President of Product at Newchip. “This careful vetting process of both the business model and founder makes us an ideal partner for venture capital investors and other key stakeholders in early-stage start up financings who are looking for promising start ups that are beginning to generate traction and revenue. Cultivated meat companies like Micro Meat can scale quickly with proper funding and guidance. We are excited for Micro Meat and believe they will be well positioned to take advantage of our fast-expanding global ecosystem at Newchip.”

Micro Meat is a platform that helps businesses grow and thrive by providing them with the resources they need to produce cultivated meat. Anne-Sophie Mertgen, a tissue engineer, founded the company out of concern for the environmental impact of traditional animal agriculture. Vincent Pribble — an ex-NASA and Blue Origin engineer — later joined her to help develop its first products.

 

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