Brazilian biotech startup Cellva Ingredients raised a $1.5M round from ProVeg, Rumbo Ventures, AirCapital, Fundepar, and EA Angels. 151 additional investors participated in the round through the crowdfunding platform Captable.
Cellva will use the funds to enhance production infrastructure, hire new people, and expand internationally.
“This investment is essential to help us transform the food industry and offer healthier and more sustainable alternatives. Our mission is to meet the increasing demand for nutrition and quality,” said Sérgio Pinto, Cellva’s Co-Founder and CEO.
Cellva serves the food and pharmaceutical industries with microcarriers, nutrient microcapsules, and oils, fats, and fatty acids produced from cultivated fat that eliminate the need for slaughtering animals.
Founded in 2022, Cellva has a patent on its technology and aims to reach a production capacity of 10 tons per month.
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