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Agronomics leads US$5m investment in SuperMeat
Agronomics Limited is investing US$5 million in its portfolio company SuperMeat as part of a US$10 million Series A-4 financing round, with New Agrarian Company Limited contributing US$1 million. This investment will be satisfied through the issuance of 26,805,903 new ordinary shares in Agronomics at 13.78 pence each, a premium to the current market price, and these shares will be subject to a one-year lock-in period. SuperMeat, focused on cultivated meat production, aims to use this funding for its commercialization strategy, targeting Switzerland for its initial launch and having secured framework agreements with Ajinomoto and extended its collaboration with Micarna. Following this round, Agronomics will hold approximately 27.8% of SuperMeat on a fully diluted basis. Disclaimer*
About this update from Agronomics Limited
[{"type":"text","content":"\n\n12 May 2026\nAgronomics Limited\n(\"Agronomics\" or the \"Company\")\n \nAgronomics leads US$ 5 million investment in SuperMeat\nas part of targeted US$ 10 million Series A-4 financing\nIssue of Equity and TVR\n \nAgronomics Limited (AIM: ANIC), the leading listed company focused on clean food, is pleased to announce that its portfolio company SuperMeat The Essence of Meat Ltd. (\"SuperMeat\") has completed an initial closing of its Series A-4 financing round, raising US$ 6 million from Agronomics and New Agrarian Company Limited (\"New Agrarian\"), an affiliated company. Milk & Honey Ventures and other existing investors have also subscribed as part of a targeted US$ 10 million financing.\n \nAgronomics is investing US$ 5 million in the round through the issue of new ordinary shares in the Company to SuperMeat, with New Agrarian participating with a US$ 1 million cash investment.\n \nThe US$ 5 million consideration due from Agronomics will be satisfied in full by the issue of 26,805,903 new ordinary shares of the Company, each new share issued at a price equal to 13.78 pence (being the net asset value per share as at 31 December 2025 and a premium of approximately 109% to the closing mid-market price of 6.60 pence on 8 May 2026). The new shares shall be subject to agreed lock-in and orderly market arrangements for a year from Admission. In particular, SuperMeat shall be restricted in relation to its shareholding from a) releasing more than 1/12th of the Agronomics shares per calendar month, b) trading more than 10% of the prior day's volume, c) trading below 95% opening price, and d) appointing a third-party broker without first giving a right of first refusal to the Company's appointed broker(s) to sell their shares. The lock-in restrictions will not apply in certain circumstances such as an offer for the Company.\n \nSuperMeat is focused on the production of cultivated meat. The funding is expected to support SuperMeat's commercialisation strategy through a licensing-led model, with Switzerland identified as the initial target launch market. SuperMeat has entered into an R&D and technology development framework agreement with Ajinomoto and has extended its collaboration agreement with Micarna, a subsidiary of Migros Group. Near-term milestones include joint product development with Aj...