Agronomics Limited Agronomics February 2023 Newsletter

TIDMANIC

Agronomics Limited

09 February 2023

9 February 2023

Agronomics Limited

("Agronomics" or the "Company")

Agronomics February 2023 Newsletter

The newsletter is provided in the attached link: https://mailchi.mp/agronomics/agronomics-q4-2022-newsletter

For further information please contact:

 
       Agronomics         Beaumont   Canaccord         Cenkos         Peterhouse           TB Cardew 
         Limited           Cornish     Genuity        Securities        Capital 
                           Limited     Limited           Plc            Limited 
      The Company          Nomad    Joint Broker    Joint Broker         Joint          Public Relations 
                                                                         Broker 
                        ==========  ============  ===============  ===============  ======================== 
      Richard Reed         Roland      Andrew       Giles Balleny    Lucy Williams         Ed Orlebar 
       Denham Eke          Cornish      Potts          Michael          Charles          Alistair Walker 
                            James    Harry Rees        Johnson         Goodfellow 
                           Biddle    Alex Aylen 
                                      (Head of 
                                      Equities) 
                        ==========  ============  ===============  ===============  ======================== 
                                                                                           +44 (0) 20 
                                                                                            7930 0777 
      +44 (0) 1624        +44 (0)     +44 (0)          +44 (0)          +44 (0)           +44 (0) 7738 
         639396            207 628     207 523         207 397          207 469              724 630 
   [e-mail]       3396        8000             8900             0936       [e-mail] 
                        ==========  ============  ===============  ===============  ======================== 
 

About Agronomics

Agronomics is a leading listed alternative proteins company with a focus on cellular agriculture and cultivated meat. The Company has established a portfolio of 24 companies at the Pre-Seed to Series C stage in this rapidly advancing sector. It seeks to secure minority stakes in companies owning technologies with defensible intellectual property that offer new ways of producing food and materials with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage. This disruption will decouple supply chains from the environment and animals, as well as being fundamental to feeding the world's expanding population. A full list of Agronomics' portfolio companies is available at https://agronomics.im/ .

About Cellular Agriculture

Cellular Agriculture is the production of agriculture products directly from cells, as opposed to raising an animal for slaughter, or growing crops. This encompasses cell culture to produce cultivated meat and materials, and fermentation processes that harness a combination of molecular biology, synthetic biology, tissue engineering and biotechnology to massively simplify production methods in a sustainable manner.

Over the coming decades, the source of the world's food supply traditionally derived from conventional agriculture is going to change dramatically. We have already witnessed the first wave of this shift with the consumer adoption of plant-based alternative proteins but today, we are on the cusp of an even bigger wave of change. This is being facilitated by advances in cellular agriculture. This change is necessary, given scientists claims that if we maintain existing animal protein consumption patterns, then we will not meet the Paris Agreement's goal of limiting warming to 1.5

AT Kearney, a global consultancy firm, projects that cultivated meat's market share will reach 35% by 2040. This combined with the Good Food Institute's estimate that a US $1.8 trillion investment will be required in order to produce just 10% of the world's protein using this technology, means that we are on the cusp of a multi-decade flow of capital to build out manufacturing facilities. Funding in the field of cellular agriculture is accelerating, however still less than US$ 5 billion has been invested worldwide since the industry's inception in 2016.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAFLFLRFIITIIV

(END) Dow Jones Newswires

February 09, 2023 04:00 ET (09:00 GMT)