On February 22, 2023, Future Fields announced that it raised $15.1 million in a seed extension round which included a $5 million grant. This round had participation from Bee Partners, Toyota Ventures, Builders VC, Ag Funder, Amplify Capital, Milad Alucozai of BoxOne Ventures, Green Circle Foodtech, Siddhi Capital and Climate Capital.
As the global demand for bioreactors has increased, Future Fields has taken on a sustainable approach of converting common fruit flies to bioreactors. The company aims to use the funding in its first production facility and scale production capacity.
Future Fields is an Edmonton-based startup that focuses on the production and commercialization of cellular agriculture products through a bio manufacturing platform.
Osler, Hoskin & Harcourt LLP advised Future Fields with a team consisting of David Jamieson, Nik Popovski (Emerging & High Growth Companies) and Michael Pede (Corporate).