NEOM Investment Fund (NIF), the investment arm of NEOM, has announced a strategic investment in Liberation Labs, a global pioneer in precision-fermentation biomanufacturing. The partnership will set the foundation for Liberation Labs to support Topian, NEOM’s food company, in designing and developing an advanced precision-fermentation facility in the Kingdom.
Liberation Labs develops and operates purpose-built biomanufacturing facilities that utilize precision fermentation to produce basic food ingredients. The process offers a scalable and sustainable solution to traditional food production methods and can be used to produce high-value proteins without the need for animals.
“This strategic partnership marks an important step on NEOM’s journey to become a global hub for industrial-scale sustainable food production. Liberation Labs’ expertise in precision fermentation and biomanufacturing will advance the establishment of NEOM as a leader in the biomanufacturing space, catalyzing the adoption of advanced food technologies and reshaping the food systems of tomorrow.” - Majid Mufti, CEO of NIF
The investment in Liberation Labs embodies NIF’s role as a strategic investor and ecosystem developer. It lays the groundwork for scalable solutions that will not only benefit Topian’s business but also advance Saudi Arabia’s position as a leader in advanced food biomanufacturing.
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