GALY

GALY is a developer of cellular agriculture using biotechnology and sustainable, less energy-intensive methods to produce natural products. The company creates cotton in a laboratory context from cells using a proprietary method instead of field cultivation that is faster, of higher quality and cheaper than natural cotton, with a drastically lower environmental impact. GALY's cell culture platform can be applied to produce products other than cotton; It is currently testing its cotton products with customers, but is prototyping cocoa, with more products in the pipeline The company raised its Series A in 2021, with which it is building the foundations of the business and testing its products in the market with customers. In the future, it plans to build a pilot plant and validate its low-CapEx production facilities and develop new cell culture products. In its hyperscale plan, GALY will build 5 Giga factories on 5 different continents with a production capacity of 200,000 tons/year each and 1,000 low-CapEx modular facilities to produce its products worldwide and significantly reduce its cost profile.