NEOM, Saudi Arabia – April 2025
On April 14, 2025, the NEOM Investment Fund (NIF), the investment arm of NEOM, announced a strategic investment in Liberation Labs, a global leader in precision-fermentation biomanufacturing.
This partnership aims to establish an advanced precision-fermentation facility in Saudi Arabia, supporting NEOM’s food company, Topian, in producing sustainable, high-value proteins without relying on traditional animal agriculture.
Majid Mufti, CEO of NIF, emphasized that this collaboration is a significant step towards positioning NEOM as a global hub for industrial-scale sustainable food production. He stated, “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
Dr. Juan Carlos Motamayor, CEO of Topian, highlighted that the new facility will not only reduce food imports and enhance food security but also create high-skilled jobs, giving the Kingdom a competitive edge in the novel-food sector.
This investment aligns with Saudi Arabia’s Vision 2030 goals, reinforcing the nation’s commitment to sustainable food systems and innovative agricultural practices.
For more details, visit the official announcement: NEOM Investment Fund ventures into biomanufacturing
