date:Jan 20, 2022
o with global royalty bearing licensing rights to use Pluristems proprietary technology and intellectual property in the field of cultured meat.
Tnuva Group, which manages US$2 billion in annual revenue, will invest US$7.5 million in NewCo, according to a pre-money valuation of US$40 million, with the option to invest up to an additional US$7.5 million over a period of 12 months following the closing.
Independent RD capacity
NewCo will use its own funding and resources to drive the commercial