Agronomics

Agronomics Limited, originally established as Port Erin Biopharma Investments Limited in 2011, is a principal investment firm based in Douglas, Isle of Man. The company specializes in investments focused on the alternative proteins sector, particularly in cellular agriculture and biomanufacturing. Agronomics aims to build a diverse portfolio that includes both quoted and unquoted companies within the biotechnology and biopharmaceutical industries. The firm seeks to invest in companies poised for significant revenue growth through the development of innovative biopharmaceutical drugs. Additionally, Agronomics may engage in co-investments alongside key industry figures to enhance its investment strategy. With a commitment to advancing modern food technologies, Agronomics plays a pivotal role in shaping the future of sustainable food production and biotechnology.

Hamood Al Fanna

Senior Associate

Jim Mellon

Founder

Laura Turner

Principal and Advisory Team Member

Past deals in Food

Rebellyous Foods

Series B in 2025
Rebellyous Foods is a Seattle-based company that specializes in producing plant-based meat products, including chicken nuggets, patties, and chicken strips. Founded in 2017, the company aims to achieve price parity with animal-based meat by implementing advanced food manufacturing equipment and processes. Rebellyous Foods serves various sectors such as schools, hospitals, corporate cafeterias, and restaurants. The company focuses on large-scale production using high-throughput automation and innovative low-energy tools to create affordable plant-based meat alternatives.

Onego Bio

Series A in 2024
Onego Bio is a biotechnology company focused on producing animal-free egg white protein through precision fermentation. Their flagship product, Bioalbumen, offers a sustainable alternative to traditional egg proteins, boasting identical taste and nutritional profiles while providing superior functional properties and a significantly reduced environmental footprint. By employing commercially proven technology, Onego Bio meets the growing demand for stable and sustainable functional ingredients within the food industry. The company has gained recognition as a leader in innovation, winning Fast Company’s 2023 World Changing Ideas award. Additionally, Onego Bio is actively involved in the industry as a co-founder of the Precision Fermentation Alliance and Food Fermentation Europe, further establishing its commitment to advancing sustainable food solutions.

Clean Food Group

Seed Round in 2023
Clean Food Group specializes in the development of sustainable food ingredients, focusing on providing eco-friendly alternatives to traditional fats and oils. The company produces a range of products, including liquid oils such as soybean oil and solid fats like palm oil, cocoa butter, and milk fat. Utilizing a proprietary cellular agriculture system, Clean Food Group commercializes palm oil production through fermentation using natural yeast in a sustainable, non-GM process. This innovative approach offers customers a local and circular alternative to conventional palm oil, addressing both environmental concerns and health considerations while maintaining quality and taste.

Meatable

Series B in 2023
Meatable is a Dutch food production company that specializes in creating cultured meat using stem cell technology. Founded in 2019, the company employs pluripotent stem cells to transform various types of cells into muscle or fat tissue, eliminating the need for animal slaughter. This process enables Meatable to produce sustainable, guilt-free meat without compromising taste and texture.

Meatly

Seed Round in 2023
Meatly, formerly known as Good Dog Food, specializes in producing cultivated meat specifically designed for pets. The company partners with leading pet food brands to offer a sustainable and ethical alternative to traditional meat sources. By growing meat from animal cells in bioreactors, Meatly aims to replace 20% of the meat and fish currently used in pet food worldwide. This approach ensures that pet owners can provide their pets with healthy, safe, and environmentally friendly food options.

All G Foods

Series A in 2022
All G Foods is a company focused on creating alternative protein products through precision fermentation technologies. Established in November 2020 in Waterloo, South Australia, the company develops a diverse range of plant-based meat alternatives, including mince, sausages, chicken, and bacon. In addition to its meat substitutes, All G is advancing the production of next-generation dairy products, utilizing fermentation technology to create cow-free dairy proteins suitable for milk and other dairy items. The company's mission is to provide consumers with vegetarian options that replicate the taste and experience of traditional meat products.

Clean Food Group

Seed Round in 2022
Clean Food Group specializes in the development of sustainable food ingredients, focusing on providing eco-friendly alternatives to traditional fats and oils. The company produces a range of products, including liquid oils such as soybean oil and solid fats like palm oil, cocoa butter, and milk fat. Utilizing a proprietary cellular agriculture system, Clean Food Group commercializes palm oil production through fermentation using natural yeast in a sustainable, non-GM process. This innovative approach offers customers a local and circular alternative to conventional palm oil, addressing both environmental concerns and health considerations while maintaining quality and taste.

CellX

Series A in 2022
CellX is pioneering the production of mushroom protein derived from morel mycelium fermentation, aiming to create innovative ingredient and product solutions suitable for savory snacks, protein powders, and meat alternatives. The company is actively involved in the commercialization of cultivated meat by licensing existing intellectual properties and developing advanced technology offerings, including suspension cell lines and serum-free media. These technologies have achieved impressive results, such as a cell density of 30 million cells per milliliter and a media cost of less than five dollars per liter, with successful testing conducted at a 2,000-liter scale. Additionally, CellX utilizes 3D bioprinting technology in its development of cell-cultivated meat products, reinforcing its commitment to sustainability and the provision of environmentally friendly and healthy animal protein alternatives.

Onego Bio

Seed Round in 2022
Onego Bio is a biotechnology company focused on producing animal-free egg white protein through precision fermentation. Their flagship product, Bioalbumen, offers a sustainable alternative to traditional egg proteins, boasting identical taste and nutritional profiles while providing superior functional properties and a significantly reduced environmental footprint. By employing commercially proven technology, Onego Bio meets the growing demand for stable and sustainable functional ingredients within the food industry. The company has gained recognition as a leader in innovation, winning Fast Company’s 2023 World Changing Ideas award. Additionally, Onego Bio is actively involved in the industry as a co-founder of the Precision Fermentation Alliance and Food Fermentation Europe, further establishing its commitment to advancing sustainable food solutions.

Meatly

Seed Round in 2022
Meatly, formerly known as Good Dog Food, specializes in producing cultivated meat specifically designed for pets. The company partners with leading pet food brands to offer a sustainable and ethical alternative to traditional meat sources. By growing meat from animal cells in bioreactors, Meatly aims to replace 20% of the meat and fish currently used in pet food worldwide. This approach ensures that pet owners can provide their pets with healthy, safe, and environmentally friendly food options.

The EVERY Company

Funding Round in 2021
The EVERY Company, formerly known as Clara Foods, specializes in producing animal-free proteins for the food and beverage industry. Founded in 2014 and based in South San Francisco, California, the company utilizes advanced fermentation technology to create functional and nutritional proteins derived from microorganisms. Its product line includes baking ingredients, nutritional supplements, and egg white alternatives that are free from pathogens and suitable for various culinary applications, such as cakes and meringues. The EVERY Company aims to provide a sustainable, healthier, and kinder alternative to traditional animal agriculture by decoupling protein production from animals, thereby offering consumers healthy and affordable protein options without added sugars.

Solar Foods

Series B in 2021
Solar Foods Ltd., founded in 2017 and based in Lappeenranta, Finland, is a food-tech startup focused on producing sustainable protein alternatives through innovative technology. The company specializes in a process that utilizes electricity to generate hydrogen, which is then combined with carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This biomass is transformed into Solein, a nutritious single-cell protein that serves as an alternative to animal-derived proteins. Solar Foods' method relies on elements from the air, such as CO2 and nitrogen, and is independent of traditional agricultural practices, making it resilient to climate variations. By employing gas fermentation, Solar Foods aims to provide a sustainable solution for food production that addresses the growing demand for nutritious food ingredients and plant-based meat alternatives.

California Cultured

Seed Round in 2021
California Cultured is a food company based in Davis, California, that specializes in creating sustainable, lab-grown cocoa and coffee through advanced cellular agriculture techniques. Founded in 2020, the company focuses on producing cocoa that is less bitter and requires less sugar, while also ensuring its products are healthier for consumers. By stimulating cocoa cell growth using common food ingredients, California Cultured aims to provide high-quality cocoa products that are free from the ethical issues traditionally associated with cocoa production, such as slavery and deforestation. This innovative approach allows customers to enjoy delicious and sustainable cocoa without the environmental and social drawbacks of conventional methods.

Formo

Series A in 2021
Formo is Europe's pioneering cellular agriculture company specializing in the development of animal-free dairy products. By utilizing precision fermentation, Formo harvests real, nature-identical milk proteins that allow for the creation of clean and sustainable dairy alternatives. The company aims to provide vegan food options that retain the taste and nutritional benefits of traditional dairy while promoting a more sustainable and equitable food system. Through innovative biotechnology, Formo transforms nutrients into high-quality milk proteins, catering to the growing demand for healthier and environmentally friendly dairy products.

Meatable

Series A in 2021
Meatable is a Dutch food production company that specializes in creating cultured meat using stem cell technology. Founded in 2019, the company employs pluripotent stem cells to transform various types of cells into muscle or fat tissue, eliminating the need for animal slaughter. This process enables Meatable to produce sustainable, guilt-free meat without compromising taste and texture.

Meatable

Venture Round in 2021
Meatable is a Dutch food production company that specializes in creating cultured meat using stem cell technology. Founded in 2019, the company employs pluripotent stem cells to transform various types of cells into muscle or fat tissue, eliminating the need for animal slaughter. This process enables Meatable to produce sustainable, guilt-free meat without compromising taste and texture.

CellX

Pre Seed Round in 2020
CellX is pioneering the production of mushroom protein derived from morel mycelium fermentation, aiming to create innovative ingredient and product solutions suitable for savory snacks, protein powders, and meat alternatives. The company is actively involved in the commercialization of cultivated meat by licensing existing intellectual properties and developing advanced technology offerings, including suspension cell lines and serum-free media. These technologies have achieved impressive results, such as a cell density of 30 million cells per milliliter and a media cost of less than five dollars per liter, with successful testing conducted at a 2,000-liter scale. Additionally, CellX utilizes 3D bioprinting technology in its development of cell-cultivated meat products, reinforcing its commitment to sustainability and the provision of environmentally friendly and healthy animal protein alternatives.

Mosa Meat

Series B in 2020
Mosa Meat B.V. is a food technology company based in Maastricht, the Netherlands, founded in 2013. The company specializes in the mass production of cultured meat by employing tissue engineering techniques. It harvests adult stem cells from the muscle tissue of living cows without harming the animals, allowing for the production of real meat, including hamburgers, with significantly reduced environmental impact. By cultivating meat from cells rather than raising and slaughtering livestock, Mosa Meat aims to promote a more sustainable global food system, addressing issues related to emissions, land and water use, and animal welfare.

Solar Foods

Series A in 2020
Solar Foods Ltd., founded in 2017 and based in Lappeenranta, Finland, is a food-tech startup focused on producing sustainable protein alternatives through innovative technology. The company specializes in a process that utilizes electricity to generate hydrogen, which is then combined with carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This biomass is transformed into Solein, a nutritious single-cell protein that serves as an alternative to animal-derived proteins. Solar Foods' method relies on elements from the air, such as CO2 and nitrogen, and is independent of traditional agricultural practices, making it resilient to climate variations. By employing gas fermentation, Solar Foods aims to provide a sustainable solution for food production that addresses the growing demand for nutritious food ingredients and plant-based meat alternatives.

Shiok Meats

Convertible Note in 2020
Shiok Meats is a Singapore-based company founded in 2018 that specializes in cellular aquaculture, focusing on the production of cell-based meats and seafood. By harvesting from cells rather than animals, the company aims to provide clean and healthy alternatives to traditional meat products. Its primary offerings include lab-cultured shrimp and other crustacean meats, which are designed to be animal-friendly, health-conscious, and environmentally sustainable. Shiok Meats strives to deliver products that retain the same taste, texture, and nutritional value as conventional seafood, thereby catering to consumers seeking healthier and more ethical food options.

Rebellyous Foods

Series A in 2020
Rebellyous Foods is a Seattle-based company that specializes in producing plant-based meat products, including chicken nuggets, patties, and chicken strips. Founded in 2017, the company aims to achieve price parity with animal-based meat by implementing advanced food manufacturing equipment and processes. Rebellyous Foods serves various sectors such as schools, hospitals, corporate cafeterias, and restaurants. The company focuses on large-scale production using high-throughput automation and innovative low-energy tools to create affordable plant-based meat alternatives.

Formo

Seed Round in 2019
Formo is Europe's pioneering cellular agriculture company specializing in the development of animal-free dairy products. By utilizing precision fermentation, Formo harvests real, nature-identical milk proteins that allow for the creation of clean and sustainable dairy alternatives. The company aims to provide vegan food options that retain the taste and nutritional benefits of traditional dairy while promoting a more sustainable and equitable food system. Through innovative biotechnology, Formo transforms nutrients into high-quality milk proteins, catering to the growing demand for healthier and environmentally friendly dairy products.

Bond Pet Foods

Seed Round in 2019
Bond Pet Foods, established in 2015 and based in Boulder, Colorado, specializes in manufacturing pet food products using real animal protein produced through fermentation. The company cultivates animal proteins in a lab setting using biotechnology, eliminating the need for animal slaughter. These proteins are then harvested and formulated into pet nutrition and food products, meeting the specific dietary requirements of companion animals. Bond Pet Foods aims to provide sustainable, all-natural, and animal-free alternatives for pet owners seeking eco-friendly options.

BlueNalu

Series A in 2019
BlueNalu, Inc. is a cellular aquaculture company based in San Diego, California, founded in 2017. The company specializes in processing and producing cell-based seafood products by culturing fish tissue from cells, thereby addressing the global demand for seafood while promoting sustainability and reducing overfishing. BlueNalu offers a range of healthy, safe, and high-quality seafood options that support the diversity of ocean ecosystems. Its innovative approach allows for the creation of fresh and frozen seafood products that are free from plastics, pathogens, toxins, and other contaminants, catering to restaurants and consumers seeking trusted seafood alternatives.

New Age Meats

Seed Round in 2019
New Age Meats is a biotechnology company based in San Francisco, California, founded in 2017. The company specializes in producing cultivated meat through an innovative automated, data-driven platform that utilizes stem cell technology. By growing meat from animal cells instead of relying on traditional animal slaughter, New Age Meats aims to create healthier and more sustainable food options.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.