Cultivated meat consolidation begins as UMAMI Bioworks to merge with Shiok Meats March 12, 2024 Shiok Meats, which had raised more than $30m since 2018, couldn’t see a clear path forward under its own steam.
Preliminary AgFunder data point to 78% decline in cultivated meat funding in 2023; investors blame ‘general risk aversion’ February 7, 2024 Funding for cultivated meat peaked at $989m in 2021, dipped slightly to $807m in 2022, then dropped sharply to just $177m in 2023.
Cultivated seafood co Finless Foods reduces headcount February 5, 2024 Finless Foods is not commenting on rumors that it is reducing headcount to extend runway, raise capital, and rebuild at a later time.
Sponsored BREAKING: Apps are open for 2024 GLOCAL Game Changers Latin America agrifoodtech accelerator!
Data snapshot: From ‘lightning in a box’ to microbial carbon capture, agrifoodtech investment moves upstream in Australia as investors focus on climate mitigation
🎥 Germin8 Ventures on a ‘bruising’ year in venture capital, and new opportunities in ‘frontier science and computation’
New AgFunder, ISF report highlights gaps and opportunities to invest in climate adaptation for smallholder farmers