Mitsubishi takes Mosa Meat to second Series B close at $20m

The trading house — part of the wider Mitsubishi confederation of companies — has holdings across a diverse array of businesses, from enterprise services and finance to energy, infrastructure, and retail. “Already available across all of central Tokyo and Osaka, this could soon be the largest online fresh food business in Japan,” said Michael Causton, an analyst for JapanConsuming publishing on investment research platform Smartkarma. If cooperation reaches as far as sharing data and customer preferences, this should allow Amazon-Life to maintain a lead in online food for years to come.” Furthermore, Mitsubishi Corp has a presence in 90 countries and a “global network of around 1,700 group companies,” according to Mosa Meat. A major milestone was reached last week in this regard when Singapore became the first country to approve a cultured meat product — Eat Just‘s lab-grown chicken bites — for public sale. [Kilara will] provide strategic energy advice, carbon offset opportunities, and project-level support” to the startup as it scales up, said the Melbourne-based firm’s managing director Ben Krasnostein.