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Showing posts with the label cultured meat

[Lab Meat] Pet Food Start-Up To ‘Ramp Up’ Cell-Cultured Meat Production Following Hefty Investment

  Because, Animals aims to have its cell-cultured pet products on the market in 2022 A  pet food start-up is ‘ramping up’ its production of cell-cultured meat following a hefty investment round. Because, Animals says it is the first biotech company to grow cell-cultured meat for dogs and cats. It recently closed its seed-stage financing round led by Orkla – a leading food giant in Europe – and secured follow-up investment from SOSV, Draper Associates, Keen Growth Capital, and others. This brought the company’s total financing to a staggering $6.7 million to date. Because, Animals says the investment will help scale up production, and accelerate the development of its first commercial cell-cultured meat pet product: a cat treat. Continue...

[PlantBased News] Cell-Cultured Chicken Brand Slashes Production Costs – Eyes Price Parity With Poultry Within 8 Years

  Future Meat has reduced its production costs by nearly 50 percent A  cell-cultured chicken brand has slashed its production costs, speeding up its goal of reaching price parity with real poultry. Future Meat has reduced its production costs by almost 50 percent. It can now create 110g of slaughter-free chicken breast for under $4. The start-up’s Chief Executive Rom Kshuk predicts the cost will drop to below $2 in the next 12-18 months. Continue...