Modern Meadow Overview
- Year Founded
-
2011
- Status
-
Private
- Employees
-
79
- Latest Deal Type
-
2ndary - Private
- Investors
-
42
Modern Meadow General Information
Description
Operator of a purpose-driven protein application powerhouse intended to produce fermentation-based bio-collagen. The company utilizes the power of proteins to engineer lightweight materials with superior color, performance, and durability while promoting lab-to-brand traceability and significantly reducing GHG emissions, enabling customers to maintain the skin's biological function so that it retains its quality and appearance, without the use of petrochemical inputs, animal-derived materials or chemical processes.
Contact Information
Website
www.modernmeadow.comCorporate Office
- 111 Ideation Way
- Suite 100
- Nutley, NJ 07110
- United States
Corporate Office
- 111 Ideation Way
- Suite 100
- Nutley, NJ 07110
- United States
Modern Meadow Timeline
Modern Meadow Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Secondary Transaction - Private | Completed | Generating Revenue | ||||
8. Accelerator/Incubator | Completed | Generating Revenue | ||||
7. Later Stage VC (Series D) | 25-Jul-2023 | Completed | Generating Revenue | |||
6. Later Stage VC (Series C) | 28-Apr-2021 | Completed | Generating Revenue | |||
5. Debt - PPP | 16-Apr-2020 | Completed | Generating Revenue | |||
4. Later Stage VC (Series B) | 28-Jun-2016 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 05-Sep-2014 | Completed | Generating Revenue | |||
2. Grant | 01-Jun-2012 | $250K | $50K | Completed | Generating Revenue | |
1. Accelerator/Incubator | 17-May-2012 | $50K | $50K | Completed | Generating Revenue |
Modern Meadow Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | ||||||||
Series C | ||||||||
Series B | 7,129,732 | $0.000100 | 5% | $5.61 | $5.61 | 1x | $5.61 | 10.24% |
Series A | 6,592,832 | $0.000100 | 5% | $2.96 | $2.96 | 1x | $2.96 | 9.47% |
Modern Meadow Comparisons
Industry
Financing
Details
Modern Meadow Competitors (5)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Spiber | Private Equity-Backed | Tsuruoka, Japan | ||||
Toray Advanced Materials Korea | Corporation | Seoul, South Korea | ||||
Bolt Threads | Formerly VC-backed | Emeryville, CA | ||||
3M | Corporation | Saint Paul, MN | ||||
Mitsui & Company | Corporation | Tokyo, Japan |
Modern Meadow Patents
Modern Meadow Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
AU-2023257357-A1 | Polyurethane fibers and methods of making the same | Pending | 18-Apr-2022 | ||
CA-3231783-A1 | Protein polyurethane alloys comprising a succinylated protein and methods of making the same | Pending | 29-Oct-2021 | ||
AU-2022377626-A1 | Protein polyurethane alloys comprising a succinylated protein and methods of making the same | Pending | 29-Oct-2021 | ||
EP-4423193-A1 | Protein polyurethane alloys comprising a succinylated protein and methods of making the same | Pending | 29-Oct-2021 | ||
CA-3174981-A1 | Collagen compositions and methods of use thereof | Pending | 30-Apr-2021 | A61L26/0033 |
Modern Meadow Executive Team (17)
Name | Title | Board Seat |
---|---|---|
David Williamson Ph.D | Chief Science & Technology Officer, President and Chief Operating Officer | |
Pinky Lakhia | Chief Human Resources Officer | |
Quintin Cassady JD | General Counsel | |
Andras Forgacs | Co-Founder & Board Member |
Modern Meadow Board Members (9)
Name | Representing | Role | Since |
---|---|---|---|
Andras Forgacs | Self | Co-Founder & Board Member | |
Anna Bakst | Self | Executive Chairman | |
Bart Swanson | Horizons Ventures | Board Member | |
Bill Ghitis | Self | Executive Chair of Board of Directors | |
Dennis Fenton Ph.D | Self | Board Member |
Modern Meadow Signals
Modern Meadow Investors (42)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Chanel | Corporation | Minority | ||
David Eisenberg | Angel (individual) | Minority | ||
Kohala Ventures | Venture Capital | Minority | ||
Mark Clark | Angel (individual) | Minority | ||
Mark Davis | Angel (individual) | Minority |
Modern Meadow Investments (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
BioFabbrica | 12-Oct-2021 | Synthetic Textiles |
Modern Meadow FAQs
-
When was Modern Meadow founded?
Modern Meadow was founded in 2011.
-
Who is the founder of Modern Meadow?
Francoise Marga Ph.D, Karoly Jakab, Andras Forgacs, and Gabor Forgacs Ph.D are the founders of Modern Meadow.
-
Where is Modern Meadow headquartered?
Modern Meadow is headquartered in Nutley, NJ.
-
What is the size of Modern Meadow?
Modern Meadow has 79 total employees.
-
What industry is Modern Meadow in?
Modern Meadow’s primary industry is Biotechnology.
-
Is Modern Meadow a private or public company?
Modern Meadow is a Private company.
-
What is Modern Meadow’s current revenue?
The current revenue for Modern Meadow is
. -
How much funding has Modern Meadow raised over time?
Modern Meadow has raised $236M.
-
Who are Modern Meadow’s investors?
Chanel, David Eisenberg, Kohala Ventures, Mark Clark, and Mark Davis are 5 of 42 investors who have invested in Modern Meadow.
-
Who are Modern Meadow’s competitors?
Spiber, Toray Advanced Materials Korea, Bolt Threads, 3M, and Mitsui & Company are competitors of Modern Meadow.
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