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Biotech Foods

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Developing technology to produce Ethicameat: Fresh meat that supports human health, animal welfare, and environmental sustainability

San Sebastián, SpainFounded 2017Food
Valuation $0–100M Latest valuation · 2019
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Biotech Foods

Biotech Foods, a Spanish food technology company founded in 2017, is focused on the production of cultivated meat. The company was established in San Sebastián by CEO Iñigo Charola and CTO Mercedes Vila. Charola has a background in marketing and strategy, while Vila holds a PhD in materials physics and is a recognized researcher in biomedicine, having received the L'Oréal-UNESCO "For Women in Science" award in 2010.

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The company operates in the alternative protein market, specifically the cultivated meat sector, which addresses sustainability concerns related to conventional livestock farming. Its core business involves tissue engineering, where it grows animal cells in a controlled environment to produce genuine animal meat without genetic modification. This business-to-business (B2B) model supplies a cultured meat paste to food processing companies, which then use it as an ingredient to create finished products like burgers, sausages, and meatballs. The resulting protein paste has a neutral taste, which allows processors to add flavoring to create diverse products.

In November 2021, global protein giant JBS S.A. acquired a majority stake in Biotech Foods, a strategic move to accelerate development and scale production. This acquisition included a significant investment of US$ 100 million directed towards building a new, larger production plant in Spain and establishing Brazil's first cultivated protein R&D center. The new Spanish facility, which began construction in 2022, is designed to increase production capacity significantly, with commercial output anticipated by mid-2024. This expansion aims to make cultivated meat a more accessible and affordable option for consumers globally. Keywords: cultivated meat, cellular agriculture, food technology, alternative protein, JBS, tissue engineering, B2B ingredients, sustainable food, lab-grown meat, meat alternatives, Iñigo Charola, Mercedes Vila, food production, biotechnology, protein innovation, food science, slaughter-free meat, Ethicameat, cell-based meat, food sustainability

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
San Sebastián, Spain
Sector
Food

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Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • Provincial Council of Gipuzkoa
  • Basque Government
  • European Commission
  • CDTI
  • ICEX Spain Trade and Investment
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States2.2%
1 country shown

Market sentiment

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