The NEOM Investment Fund (NIF) has invested in Liberation Labs, a global leader in precision-fermentation biomanufacturing, to support Topian, NEOM’s food company, in designing and developing an advanced precision-fermentation facility in Saudi Arabia. Liberation Labs develops and operates purpose-built biomanufacturing facilities that use precision fermentation to produce basic food ingredients. This investment marks a significant step in NEOM’s journey to become a global hub for sustainable food production. The partnership will enable Topian to produce high-quality alternative proteins efficiently and sustainably, reducing food imports and improving food security, while also creating new economic opportunities and high-skilled jobs. The investment embodies NIF’s role as a strategic investor and ecosystem developer, laying the groundwork for scalable solutions that will benefit Topian’s business and advance Saudi Arabia’s position as a leader in advanced food biomanufacturing. The collaboration will redefine the future of food production, offering a scalable and sustainable solution to traditional food production methods.
NEOM makes significant investment in biomanufacturing, marking a new chapter in its innovative green economy initiatives – Arabian Business: Latest news on the Middle East, real estate, finance, and more.
