Meatly to build Europe’s largest cultivated meat factory in London

Cultivated meat pioneer Meatly has announced it will build Europe’s largest cultivated meat facility.

The business has raised £10.4bn in series A funding to put behind building the 20,000-litre bioreactor facility in London.

Fitting out the new facility will begin immediately, with product releases expected to follow in 2027.

“Over the last four years, Meatly’s pioneering team has systematically focused on reducing key costs and building the strongest possible technical foundation for growth,” said Owen Ensor, CEO at Meatly. “Now we have our own industry-leading technology, and we are ready to scale.

“This step will allow us to prove commercial viability at scale and start to continually produce Meatly chicken for the UK petfood market.”

Three European VC funds have joined the company’s existing investors to support this next phase, including Oyster Bay Venture Capital, Clean Growth Fund and JamJar Investments.

This latest round builds on the £7m in seed funding provided by founding investor Agronomics, and Pets at Home, bringing total funding raised to date to £17.4m.

“This investment marks a powerful endorsement – not just of Meatly, but of Britain’s foodtech and biotech sectors,” said Ensor.

The brand launched in 2022 and since then has focussed on solving “the key technical cost challenges facing the cultivated meat industry” and in 2025 sold the world’s first cultivated petfood.

From advancing the science to early retail sales for pets, Meatly has shown a clear ability to move from concept to real-world application, with the foundations to scale across Europe and globally,” said Elise Schumacher, investor at Oyster Bay Venture Capital. “Having built and grown some of the most successful food businesses ourselves, we know what it takes – and this is exactly the kind of company we like to back.”

Connor Duffy, investment manager at Clean Growth Fund, said: “Rethinking how we produce protein is an essential part of tackling the climate crisis. We’ve invested in Meatly because they are showing it’s possible to produce real meat cost-competitively and with a fraction of the environmental impact.”