Agronomics Limited (LON:ANIC), a leading investment company focused on cellular agriculture, continues to chart an exciting course in a rapidly evolving sector. A recent report from Cavendish highlights Agronomics’ progress in 2024, underscoring its strategic investments and potential to shape the future of sustainable food production.
2024 in Review: Strategic Moves Amidst Challenges
Throughout FY24, Agronomics maintained its focus on building a diversified portfolio of cutting-edge cellular agriculture companies. The firm invested £13.5 million, primarily in precision fermentation technologies and cultivated meat innovations, with notable contributions to companies like Liberation Labs and Meatable.
One standout achievement came from portfolio company Meatly, which developed a protein-free culture medium, a breakthrough that significantly reduces the cost of producing cultivated meat. Meatly also secured UK regulatory approval for its cultivated chicken for pet food, an important step towards commercialisation.