Brief: Prolific Machines raises $42m from Breakthrough, Mayfield to slash cultivated meat costs
The San Francisco startup says it has found a way to bring down the cost of cultivated meat manufacturing with biotechnology and machine learning.
The San Francisco startup says it has found a way to bring down the cost of cultivated meat manufacturing with biotechnology and machine learning.
Evolved Meats’ co-founders share how their startup makes whole-cut cultivated meat without scaffolding or binders.
Insect protein and bio-textiles increasing in importance as alternative proteins become a bigger priority for climate-forward investors.
Seed funding will enable the US- and India-based company to further develop its milk alternative made with mammalian cell cultured technology.
Andreessen Horowitz led the Series A round, which will enable SCiFi to continue R&D on its blend of plant-based and cultivated beef burgers.
Pending regulatory approval, the US-based company hopes to bring its cultivated chicken to commercial markets later this year.
The Japanese startup is one of several companies that have discovered methods for removing animal serum from the cell culture process.
Xi said that China “should shift our focus from farmland only” and use biotechnology to “obtain calories and protein from plants, animals, and microorganisms.”
Latin America and the Middle East also saw their respective shares of global alt-protein funding increase year-on-year.
The firm has made the first close of its $15 million maiden fund, which it claims is the first to exclusively back Asia Pacific alt-protein startups.
But the startup needs to get regulatory approval before it can sell its cell-cultured salmon to US consumers.
Cultivated meat and other “future foods” startups raised a total of $127 million in China during 2020.
Cultured Decadence has developed “proprietary cell lines and cell feed” for seafood products including lobster and other crustaceans.
It aims to create a “universally accessible cellular agriculture platform” by providing growth media and other solutions at relatively low cost.
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.