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“We continue to see the pandemic act as a catalyzing agent to accelerate trends that were in motion before it began. We believe that food and agriculture has undergone significant structural changes that will alter the course of the industry.” So says a new report from S2G Ventures, a VC firm based in Chicago, Illinois.…
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Cultured seafood company Shiok Meats has raised an undisclosed amount of investment in a bridge funding round from Woowa Brothers Asia Holdings, CJ CheilJedang Corporation, and Vietnamese-based seafood exporter Vinh Hoan Corporation. This brings Shiok Meats’ total funding to date to $30 million, according to a company press release. The round also included existing investors…
Multus Media, a startup working on a replacement for animal serum used in cultivating meat, announced today that it has raised a £1.6 milliion (~$2.2M USD) Seed round of funding. Investors in the round include SOSV, Zero Carbon Capital, Marinya Capital and angel investor Sake Bosch. The round also includes an equity-free grant of £106,000…
After Eat Just gained regulatory approval in Singapore for its cultured meat last year, companies from countries all over the world are racing to bring their cultured meat products to market. We’ve heard news from Asia, the United States, Europe, and Australia regarding cultured meat, but one continent that seems to be left out of…
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Nonprofit XPRIZE has announced 28 semifinalists teams that will move forward in the Feed the Next Billion competition. The multi-year competition will support companies developing compelling chicken and fish alternatives that replicate or outperform the real thing in terms of nutrition, environmental sustainability, animal welfare, and taste and texture. The competition, first announced at the…
CPG giant Nestlé intends to enter the cultured meat market via a partnership with Israel-based alt-protein company Future Meat, according to a report from Bloomberg. Unnamed sources familiar with the matter said Nestlé is working on various products that mix its own plant-based proteins with cultivated meat from Future Meat. More granular details on the…
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Cultivated meat company Aleph Farms announced today it has completed a $105 million Series B round of funding, bringing the company’s total funding to date to $118 million. The Series B round was led by L Catterton and DisruptAD with participation from Skyviews Life Science, Thai Union, BRF, and CJ CheilJedang. Existing investors VisVires New…
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Israel-based alt-protein company MeaTech 3D has begun research and development activities around cultivated pork, the company announced today. Initial activities will focus largely on developing porcine cell lines, which the company says could expand its number of potential addressable markets since pork is the most widely consumed meat in the world. The porcine cell lines…
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Future Meat has officially opened what it says is the world’s first production facility for cultured meat. The plant, located in the company’s hometown of Rehovot, Israel, is a big step in accelerating Future Meat’s timeline for getting regulatory approval to sell cultured meat and then actually getting products onto consumers’ plates. Future Meat says…
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Qanon. The Deep State. 5G microchip injections. We live in a golden age of conspiracy theories. These circular reasoning belief systems once relegated to the fringes have entered the mainstream, fueled by social media, validated by politicians and celebrities and calcified by repetition and confirmation bias. Food is no stranger to conspiracy theories. Whether it’s…
It’s been a banner year so far for cultured meat. In addition to all of the funding that’s been flowing into the space since the start of 2021, there is also a growing number of startups from around the world attacking the issues of creating cell-based meat in unique ways. The latest such startup to…
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Bioprinting startup MeaTech 3D has filed a patent with the United States Patent Office (USPTO) it says could significantly improve the manufacturing process for its cultivated meat. The Ness Ziona, Israel-based company has since 2018 been developing a method for cultivated meat that relies on 3D bioprinting. Cells are extracted from the animal (without harming…