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Agronomics Limited ( (GB:ANIC) ) just unveiled an announcement.
Agronomics Limited announced that its portfolio company, Meatly, has launched the world’s first cultivated meat dog treat, now on sale at Pets at Home in London. This innovative product, ‘Chick Bites,’ combines plant-based ingredients with cultivated chicken meat, offering a sustainable alternative to traditional pet food. Meatly plans to expand its production and aims to make its products more widely available within the next 3-5 years. This launch marks a significant step in the pet food market, aligning with the industry’s growing demand for sustainable practices, as pets consume a substantial portion of meat, contributing to environmental impacts. Agronomics, having invested £1.2 million in Meatly, holds a 25.54% equity stake, highlighting its commitment to supporting sustainable innovations in food production.
More about Agronomics Limited
Agronomics Limited is a London-listed company focusing on investment opportunities in the clean food sector. It has a portfolio of over 20 companies that own technologies with defensible intellectual property, aimed at producing food and materials sustainably and ethically. Agronomics is driving disruptions in agriculture to improve sustainability, animal welfare, and food security.
YTD Price Performance: 3.09%
Average Trading Volume: 3,098,776
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £40.38M
Find detailed analytics on ANIC stock on TipRanks’ Stock Analysis page.
