Rehovot, Israel-based Steakholder Foods announced on 6 January, 2022, it is launching an underwritten public offering of 6,500,000 shares at a price of USD 1.00 (EUR 0.94), to raise gross proceeds of USD 6.5 million (EUR 6.1 million).

The announcement of the public offering came soon after the company received its first grant to progress toward developing its 3D-printed structured eel and grouper products, in cooperation with Singapore-based Umami Meats.