Aleph Farms secures $29m

Cultivated meat firm plans to expand pilot production, grow to intermediate scale.

Cultivated meat firm Aleph Farms has confirmed reports that it recently raised US$29 million in funding to expand production at its pilot facility in Israel and set up intermediate scale facilities in Europe and Asia.

An Aleph spokesperson told Alt-Meat that this tranche is part of a larger fundraise, which is expected to close in "the coming…