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Steakholder Foods ( (STKH) ) has issued an announcement.
On February 13, 2025, Steakholder Foods announced the receipt of a $250,000 grant installment from the Singapore-Israel Industrial R&D Foundation, marking a total of $740,000 received from a $1,000,000 grant. This funding supports their advancements in 3D-printed plant-based fish and eel, showcasing their commitment to food technology innovation and sustainable seafood alternatives. The grant reflects significant progress in their collaboration with Umami Bioworks and highlights Steakholder Foods’ role in pushing boundaries within the alternative protein industry.
More about Steakholder Foods
Steakholder Foods is a leading innovator in the alternative protein industry, specializing in advanced 3D printing technologies. Founded in 2019, the company develops and sells 3D-printing production machines and proprietary premix blends aimed at producing high-quality, sustainable food alternatives. Their focus is on replicating the textures of traditional meats and seafood, such as beef steaks and eel, while exploring the integration of cultivated cells for future advancements.
YTD Price Performance: -7.74%
Average Trading Volume: 34,488
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.37M
For a thorough assessment of STKH stock, go to TipRanks’ Stock Analysis page.
