Agronomics Limited Announces Launch of New Website
November 03 2021 - 02:00AM
RNS Non-Regulatory
TIDMANIC
Agronomics Limited
03 November 2021
3 November 2021
Agronomics Limited
("Agronomics" or the "Company")
Announces Launch of New Website
Agronomics, the leading listed company focused on the field of
cellular agriculture, is pleased to announce the launch of its new
website, found at www.agronomics.im .
This new website aligns with Agronomics focus on identifying
cellular agriculture opportunities, inclusive of cultivated meat,
biomass fermentation and precision fermentation. The Company to
date has participated in early-stage funding rounds of BlueNalu,
Meatable, VitroLabs, Solar Foods, Formo, Mosa Meat, LIVEKINDLY,
Tropic Biosciences, California Cultured, SuperMeat, CellX, GALY,
Bond Pet Foods, Shiok Meats, New Age Meats and Rebellyous Foods.
All of which can be found under portfolio highlights on the new
website.
About Agronomics
Agronomics is a leading listed alternative proteins company with
a focus on cellular agriculture and cultivated meat. The Company
has established a portfolio of 16 companies at the Seed to Series B
stage in this rapidly advancing sector. It seeks to secure minority
stakes in companies owning technologies with defensible
intellectual property that offer new ways of producing food and
materials with a focus on products historically derived from
animals. These technologies are driving a major disruption in
agriculture, offering solutions to improve sustainability, as well
as addressing human health, animal welfare and environmental
damage. This disruption will decouple supply chains from the
environment and animals, as well as being fundamental to feeding
the world's expanding population. A full list of Agronomics'
portfolio companies is available at https://agronomics.im/ .
About Cellular Agriculture
Over the coming decades, the source of the world's food supply
traditionally derived from animals is going to change dramatically.
We have already witnessed the first wave of this shift with
consumer adoption of plant-based alternative proteins but today, we
are on the cusp of an even bigger wave of change, which is being
facilitated by advances in cellular agriculture - the production of
proteins and materials directly from cells and single-celled
organisms.
AT Kearney, a global consultancy firm, projects that cultivated
meat's market share will reach 35% by 2040. This combined with the
Good Food Institute's estimate that a US $1.8 trillion investment
will be required in order to produce just 10% of the world's
protein using this technology, means that we are on the cusp of a
multi-decade flow of capital.
Scientists believe that if we maintain current animal protein
consumption patterns and continue using animals to produce meat and
other proteins from animals, that we cannot meet the Paris
Agreement's goals of limiting warming to 1.5 .
Funding in the field of cellular agriculture is accelerating,
however still less than US$ 1 billion has been invested worldwide
since the industry's inception in 2016. The Good Food Institute
estimates Additional financings are anticipated as the capital
requirements of these companies grows to build out and scale up
manufacturing facilities. Currently it is estimated that there are
60 companies globally within the sector.
For further information please contact:
Agronomics Beaumont Cenkos Peterhouse TB Cardew
Limited Cornish Limited Securities Capital
Plc Limited
The Company Nomad Joint Broker Joint Broker
Public Relations
------------------ ------------------ --------------------- ------------------------
Richard Reed Roland Cornish Giles Balleny Lucy Williams Ed Orlebar
Denham Eke James Biddle Michael Johnson Charles Goodfellow Joe McGregor
------------------ ------------------ --------------------- ------------------------
+44 (0) 20 7930
0777
+44 (0) 1624 +44 (0) 7738
639396 +44 (0) 207 +44 (0) 207 +44 (0) 207 724 630
info@agronomics.im 628 3396 397 8900 469 0936 agronomics@tbcardew.com
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