RCS - Agronomics Limited - Announces Launch of New Website

AgronomicsAnnouncement

03/11/2021 07:00

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RNS Number : 1347R  Agronomics Limited  03 November 2021

3 November 2021

 

Agronomics Limited (https://agronomics.im/)

("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 (http://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 (https://agronomics.im/)

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/
(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 Capital    TB Cardew

 Limited              Cornish Limited       Securities 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) 1624 639396  +44 (0) 207 628 3396  +44 (0) 207 397 8900  +44 (0) 207 469 0936  +44 (0) 20 7930 0777

 info@agronomics.im                                                                     +44 (0) 7738 724 630

                                                                                        agronomics@tbcardew.com

 

 

 

 

 

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