Ayala Corp.’s ACTIVE Fund has invested in Roslin Technologies, a biotechnology company based in the United Kingdom. The ACTIVE Fund is managed by Kickstart Ventures, a corporate venture capital (CVC) firm wholly owned by Globe.

In addition to the investment, Kickstart Ventures will also provide an observer on the board so that the biotechnology company can benefit from the CVC’s expertise.

Roslin Technologies, based in Scotland, spun out from the Roslin Institute, known for its groundbreaking invention of Dolly the Sheep in the mid-1990s. The company specializes in stem cell technology for cultivated meat, which involves growing meat directly from animal cells without raising animals.

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Addressing food insecurity

“Roslin Technologies, with their scalable, IP-rich approach and innovative technology, offers a compelling and commercially attractive solution,” said Michael Maté, VP for Investments at Kickstart Ventures in a statement. “Together, we strive to create a sustainable future for food to alleviate hunger and food insecurity.”

Currently, Roslin Technologies ships its cells to customers across North America, Europe, and Asia. Aligned with its thesis of “A World of Plenty,” which focuses on investing in the future of resource availability, Kickstart Ventures’ investment will help solidify Roslin Technologies’ presence in Asia, a strategic market for the company’s technology. It will also further strengthen Roslin Technologies’ international shareholder base, which includes the University of Edinburgh, Future Planet Capital, Novo Holdings, Kairos Capital Group, Nutreco, and other international investors.

“The persistent and complex issue of food insecurity demands multiple transformative solutions, and this investment is significant for future food security globally, especially in emerging markets like the Philippines,” said Minette Navarrete, president of Kickstart Ventures.