RCS - Agronomics Limited - Half Year Newsletter
RNS Number : 0433FAgronomics Limited13 July 202113 July 2021
("Agronomics" or the "Company")
Agronomics Half Year Newsletter
The newsletter is provided in the attached link: https://mailchi.mp/23b24b9ccab1/wlydxm162w-4173621
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 a 5-10% initial ownership in 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/portfolio/.
About the Cultivated Meat Sector
Funding in the cultivated meat sector is growing rapidly with approximately US$ 170 million invested worldwide between 2016-2019 and over US$ 270 million raised in 2020 alone. 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 80 companies globally within the sector. AT Kearney, a global consultancy, has predicted that Cultivated Meat's market share of meat consumption will be 35% by 2040.
For further information please contact:
Agronomics
Limited
Beaumont
Cornish Limited
Cenkos
Securities Plc
Peterhouse Capital
Limited
TB Cardew
The Company
Nomad
Joint Broker
Joint Broker
Public Relations
Richard Reed
Denham Eke
Roland Cornish
James Biddle
Giles Balleny
Nick Searle
Lucy Williams
Charles Goodfellow
Ed Orlebar
Joe McGregor
+44 (0) 1624 639396
info@agronomics.im
+44 (0) 207 628 3396
+44 (0) 207 397 8900
+44 (0) 207 469 0936
+44 (0) 20 7930 0777
+44 (0) 7738 724 630
agronomics@tbcardew.com
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