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Manx firm raises over £60million in share sale

A Manx company that invests in lab-grown meat alternatives has raised more than £60 million in a share sale.

Agronomics, which invests in the alternative protein market, aimed to raise £50 million but managed to achieve £62.5m because of high demand.

The company says it will use the money to finance its current portfolio as well as new opportunities in the cultivated meat sector.

It also announced it's invested another £169,000 in the Dutch lab-grown meat firm Meatable.

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