RIYADH: NEOM Investment Fund (NIF) has announced a strategic investment in Liberation Labs, a leading player in precision-fermentation biomanufacturing.
The move aims to support NEOM’s food company, Topian, in building an advanced biomanufacturing facility in Saudi Arabia.
Liberation Labs specializes in developing purpose-built facilities that use precision fermentation to produce essential food ingredients and high-value alternative proteins, offering a sustainable, animal-free approach to food production.
NIF CEO Majid Mufti said the partnership represents a major step toward positioning NEOM as a global hub for sustainable food production. “Liberation Labs’ expertise will catalyze the adoption of advanced food technologies and help reshape future food systems,” he said.
Mark Warner, Founder and CEO of Liberation Labs, highlighted the opportunity to integrate their cutting-edge biomanufacturing model with NEOM’s vision.
“This collaboration sets the stage for redefining how the world produces food,” he added.
Topian CEO Dr. Juan Carlos Motamayor emphasized the impact on food security and innovation: “This facility will enable us to produce essential ingredients more sustainably, reduce food imports, and create skilled jobs in the Kingdom.”
This investment aligns with NIF’s broader strategy to act as a catalyst for innovation and ecosystem development, solidifying Saudi Arabia’s role as a frontrunner in next-generation food technologies.
[Reported by Daily Riyadh]
