Riyadh – Sharikat Mubasher: NEOM Investment Fund (NIF), the investment arm of NEOM, announced a strategic investment in Liberation Labs, a global leader in precision-fermentation biomanufacturing.

As per NIF’s official press release, the partnership will support the development of an advanced biomanufacturing facility in Saudi Arabia in collaboration with Topian, NEOM’s food company.

Liberation Labs builds facilities that use precision fermentation to produce essential food ingredients and alternative proteins without relying on animals, offering a sustainable and scalable alternative to traditional food production.

Majid Mufti, CEO of NIF commented: “This partnership marks a key step in NEOM’s goal to become a hub for sustainable food production. Liberation Labs brings valuable expertise that will accelerate the adoption of advanced food technologies in the Kingdom.”

Mark Warner, CEO of Liberation Labs, described the new site as “an incredible opportunity to redefine the future of food production” through collaboration with NIF and Topian.

Juan Carlos Motamayor, CEO of Topian, added that the facility would help reduce food imports, improve food security, and create high-skilled jobs, positioning Saudi Arabia as a leader in the novel food sector.

The investment aligns with NIF’s strategy to drive innovation and build ecosystems that support the Kingdom’s long-term economic and sustainability goals.