US – Cult Food Science, an innovative investment platform with an exclusive focus on cellular agriculture, has made a strategic investment into Compound Foods, a producer of a cell-based coffee alternative that tastes, and smells like traditional coffee.
Cult decided to invest in Compound because of its pursuit of the development of cell-based coffee that has emerged to address climate change and ethical coffee farming practices.
Compound, founded in San Francisco in 2020 by Maricel Saenz, is on a mission to find solutions to improve the current food situation while decreasing the environmental impact by reducing water use and carbon emissions.
It also aims to decrease the daily demands of the global food supply chain as well as preserve the coffee industry.
Lejjy Gafour, Chief Executive Officer of Cult said it is essential to better the future of Earth by investing and supporting companies that not only have innovative ideas but also are motivated to make the world a better place.
Gafour added that the daily coffee ritual in most places around the world is extremely taxing on the planet, which causes wild price fluctuations in the commodity from time to time.
Compound’s solution is expected to help mitigate commodity fluctuations and help the environment, while still allowing us to enjoy coffee every day, he confirmed.
Cult’s affiliate Jellatech makes a breakthrough in animal-free collagen production
Meanwhile, Cult has also announced that its affiliate Jellatech has achieved a major milestone in creating and producing its first cell-based collagen product after two years of research and development
The Vancouver-based company said Jellatech, a biotech start-up company dedicated to the sustainable production of animal-free collagen, has successfully developed the full-length, triple-helical, and functional collagen made from its own proprietary cell lines.
Cult made an investment in the cell-based collagen producer in 2022 to support the research and development of the collagens.
In contrast to traditional collagen produced by boiling and processing cow hides and bones, Cult noted that Jellatech’s collagen is bio-identical and does not require the use of animals in its production.
Given collagen’s universal demand and variety of uses, sustainable alternatives to its sourcing and production are much needed.
The cellular agriculture industry, as a whole, is aiming to replace major aspects of the animal farming industry, including the production of cultivated meat and by-products like collagen, the company said.
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