Novel Farms, Inc.

Private

Berkeley, CaliforniaFrontier & Industrial Techhttps://novelfarms.co/

Last Round

Grant

Oct 16, 2023

Total Funding Raised

$3.03M

Company Overview

Novel Farms, Inc. is a food technology company that produces whole-muscle cuts of cultivated meat using proprietary tissue engineering technology.

Sector

Frontier & Industrial Tech

Verticals

Biotechnology, Advanced Materials, Sustainable Materials, Clean Manufacturing

Business Model

B2B

Customer Profile

Services & Consulting, Government Contracts

AI Layer

Application

Keywords

cultivated meatedible scaffoldslab-grown meatwhole-cut cultivated meatcell-based meatcultivated pet foodcellular agriculturescaffolding platformtissue engineeringmicrobial fermentationalternative proteinpet food ingredientsB2B ingredientsfood techSmall Business Innovation ResearchSBIR

Historical Pricing

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Caplight Momentum Score

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Novel Farms, Inc. Comps

Public and private peers based on sector, stage, and business model.

Novel Farms, Inc. comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Novel Farms, Inc. Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Grant	Oct 16, 2023
Grant	Sep 28, 2023
Accelerator	Jun 22, 2023
Pre Seed	Aug 11, 2022
Grant	Jul 20, 2021

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Key People

Founding team and executive leadership

Michelle Lu

Chief Executive Officer

Executive Team

Novel Farms, Inc. Investors

Notable investors and investment history

Novel Farms, Inc. investors
Investor	Rounds
CULT Food Science	Pre Seed
Good Startup	Pre Seed
Breakthrough Energy Foundation	Grant
Joyance Partners	Pre Seed
Social Starts	Pre Seed
Activate	Accelerator
Big Idea Ventures	Pre Seed

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Market signals

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Jan 20, 2026
Monthly visitors increased 137% MoM.
Mar 1, 2025
Monthly visitors increased 115% MoM.

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Novel Farms, Inc. Filings

SEC and related filings with document metadata.

Data table
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Novel Farms, Inc. Filings

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Frequently Asked Questions

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Firmographic Details

HeadquartersBerkeley, California

Employee Range3

Year Founded2020

Last FundingOct 16, 2023

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