Friday, December 13, 2024

Modern Meadow: Raises $130M in Series C Funding

  • Modern Meadow, a Nutley, New Jersey and Brooklyn, New York based biofabrication company, raised $130m in in Series C funding
  • The round was led by Key Partners Capital with participation from Astanor Ventures, Horizons Ventures and Cape Capital
  • The company intends to use the funds to invest in research and development across material science and biotechnology
  • Modern Meadow is a company that uses biofabrication to create sustainable materials
  • Its proprietary technology integrates design, biology, and material science
  • The company has a team of 90 people with expertise in molecular biology, material science, engineering, and design

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