“Given challenges in the fundraising market, we’ve appointed an advisory firm to run a sale process,” said cofounder and CEO Joshua March. “Given the nature of the process, I can’t really say much more beyond this,” added March, who has raised about $40 million to date from investors including British rock bank Coldplay, Andreesseen Horowitz, Valor Siren Ventures, BoxGroup, Entree Capital, and Prelude Ventures.
Source: BREAKING: Cultivated meat co SCiFi Foods closes up shop