The Seoul-based startup closed a $15 million Series B round last month, with the Asian Development Bank among the participating investors.
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
Cellular agriculture startups aim to solve agrifood’s biggest sustainability problems. But smallholders must be part of the solution, writes Saron Berhane.
The world’s largest meat processor plans to acquire a majority stake in Spanish cultivated meat company BioTech Foods.
The Tel Aviv-based startup “feeds microorganisms instead of cows,” allowing it to avoid many of the ecological pitfalls of traditional dairy cattle production, it says.
TurtleTree said it will use the capital to move closer towards the commercial launch of its first cell-based milk protein products.
It aims to “get cell-cultured meat onto the tables of Chinese consumers, providing them with healthier, safer, and lower-carbon meat products,” according to co-founder Ding Shijie.
The category includes cell-cultured meat, plant-based analogs, fermented and fungi-based proteins, functional foods, and other novel ingredients.
New Carnivore has made seven deals to date, co-investing with leading VCs such as Andreessen Horowitz, Breakthrough Energy Ventures, and DCVC.
However, the survey’s choice of terminology may be problematic.
Biteback is creating edible oils from mealworms, while Cellular Agriculture has designed a new type of bioreactor to bring down cultivated meat’s costs.
Cell lines for cultivated meat R&D are proving hard to come by. But don’t point the finger of blame at startups, as a major UK newspaper appeared to do this week.
Shiok Meats is planning to open a production facility in its native Singapore by 2023 to cultivate cell-based shrimp, lobster, crab, and crayfish at commercial scale.
As is the case with a lot of great Canadian ideas, the founders of Future Fields came up with theirs while waiting in line at Tim Hortons.
Nestlé is said to be planning a range of products which blend cultivated meat with plant-based protein.
Eat Just raised $200 million in private funding back in March, with its GOOD Meat cell-culturing unit separately scoring $170 million in May.
CEO Sriram on why she made the leap from full-time scientist to founder – and how she reconciles vegetarianism with being a cultured meat eater.
NTU students will learn the science behind cell-cultured, plant-based, and fermented proteins, as well as the market opportunities and regulatory issues they present.
GOOD Meat secured the funding after its parent company successfully obtained world-first regulatory clearance for a cell-cultured meat product in Singapore.
As part of the announcement, John Mackey, the CEO of Whole Foods, announced he was an investor in the company.
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