Tag: Eat Just

Alternative protein company Good Meat raises US$267M to increase capacity, accelerate R&D for cell-cultured meat

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USA – Good Meat, a division of San Fransisco-based food technology company Eat Just, has secured US$97 million in new funding, adding to the initial US$170 million publicized in May.  According to a statement from Eat Just, Good Meat will use the funds to increase capacity and accelerate R&D for high-quality, real meat made directly from animal cells.  The overall US$267 million fundraise is the largest to date in the burgeoning cultivated meat sector, which analysts predict could become a US$25 billion global industry by 2030.  Investors in the US$267m…

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Eat Just to build the first-ever cultivated meat facility in the Middle East and Northern Africa

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QATAR – Alternative protein company Eat Just is set to build a cell-cultured meat facility in Qatar which will be the first-ever facility of its kind in the Middle East and Northern Africa (MENA) region.  To make the project a success, Eat Just, Inc. has signed a collaborative agreement with Doha Venture Capital (DVC) and the Qatar Free Zones Authority (QFZA).  Thanks to the collaboration, the facility will be located in the Umm Alhoul Free Zone, one of two free zones overseen and regulated by QFZA, with direct access to Hamad Port, Qatar’s main seaport.  The new facility  is expected…

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Eat Just secures funding to accelerate research and development of its cultured chicken product

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US – Alternative protein company, Eat Just has raised US$170 million in funding for the expansion of its Good Meat cultivated meat division, as it prepares for market entry in the US. Eat Just plans to use its latest funding to increase capacity and accelerate research and development of its Good Meat cultured chicken product. The company is particularly focused on investing the funds in quickly scaling production in North America and Asia through multi-million-dollar investments in the US and Singapore. A world leader in alternative proteins Eat Just has…

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Eat Just to begin home delivery of cultured meat in Singapore

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SINGAPORE – Alternative protein startup, Eat Just has partnered with Asian grocery delivery platform Foodpanda on what it claims will be the world’s first home delivery of cultured meat. The collaboration will see meals featuring Eat Just’s Good Meat cultured chicken product available for delivery on the Foodpanda app for a limited time in Singapore. According to a statement from the company, customers can order three dishes containing cultured chicken prepared by Singapore’s 1880 – the first restaurant which served Eat Just’s cultured meat to its guests. Some of the…

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Eat Just gets US$200M investment as doomsday for dairy and meat proteins inches closer

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US – Alternative proteins startup, Eat Just has raised US$200 million in a funding round led by the Qatar Investment Authority (QIA) and participated in by Charlesbank Capital Partners and Vulcan Capital. This investment round raises the amount that the startup has raised to date to US$650 million, and will lead to representatives from the QIA and Charlesbank joining Eat Just’s board. Eat Just is probably the only company right now making animal alternative products in two diverse formats — both plant-based and cell-based — and this funding is likely…

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Singapore pushes food innovation limits becoming the first country to approve lab grown meat

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SINGAPORE – Singapore, a sovereign island city-state in maritime Southeast Asia and one of the most progressive countries when it comes to embracing food innovations, has allowed the sale of lab grown meat, becoming the first country in the world to do so. With the approval given, Eat Just Inc., a maker of meat and egg substitutes, now has the go ahead to sell its laboratory-created chicken to Singaporean consumers. The product, created from animal cells without the slaughter of any chickens, will debut in Singapore under the GOOD Meat…

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