Announced
Synopsis
Moolec Science, a science-based food ingredient company, agreed to go public via a merger with LightJump Acquisition, a Delaware blank check company, in a $504m deal. “Moolec Science is a category creator in the alternative protein landscape. Our Molecular Farming technology focuses on providing real animal proteins without using any animals, based on the genetic engineering of seeds to produce proteins the same way animals do. As fourth generation of a family business that is one of the largest meat players in the Southern Cone, I have first-hand knowledge of the challenges faced by the industry. Moolec's goal is to use science in food to overcome current global food security issues, building a more sustainable, resilient, and equitable food system,” Gastón Paladini, Moolec Science CEO and Co-Founder.
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