INSUBCONTINENT EXCLUSIVE:
collagen maker Geltor is in the market for at least $50 million in new funding, TechCrunch has learned.According to people with knowledge of
technologies to culture proteins at scale as a way to supplement and ultimately replace animal-based proteins in manufacturing.While other
companies pursue meat replacements using cultured products, Geltor is focused on another aspect of the supply chain: the collagen and
gelatin additives that are typically made from the waste materials left over from the meat industry.Traditionally, gelatin is made by
boiling skin, cartilage and bones from animals
The material finds its way into any number of cosmetics and foodstuffs thanks to its ability to act as a thickening agent.The markets for
collagen and gelatin are worth a combined $9 billion dollars, which is a pretty sizable market for Geltor to tackle.Just as importantly,
should the meat replacement industry take off, then replacements will need to be found for the secondary markets that had been supplied by
of the meat market that attracted players like Memphis Meats, Future Meat Technologies and other companies developing cell culture
