Tag: Lab grown meat

GFI invests US$5m alternative protein research as Hollywood star DiCaprio invests in cultivated meat

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US – The Good Food Institute has awarded US$5 million in grants to support research in alternative proteins – a “powerful and scalable climate solution” that lacks critical funding.   According to a statement from the organization, the funding will go to 22 research projects with potential to “get us closer to the holy grail of alt proteins – generating whole cuts of meat and seafood.”   GFI revealed that Thirteen of these projects are focused on cultivated meat, two are focused on fermentation, and seven are focused on plant-based…

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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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KFC Russia opens its milestone1000th store as plans to roll out lab-grown meat in stores takes shape

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RUSSIA – KFC Russia has recently opened its milestone 1000th restaurant in the city of Vladivostok, also known as “the capital of the Far East.”   Located on the east coast, Vladivostok is a major Russian Pacific port city overlooking Golden Horn Bay, near the borders with China and North Korea  According to the fast-food chain’s LinkedIn post, the restaurant is a spacious two-story in-liner with a drive-thru making it the first among QSR chains in the city.  The new restaurant will be the 19th in the Primorsky Territory and represents the…

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Cultured Decadence secures funding to accelerate development of cell-cultured lobster meat

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US – Alternative proteins startup Cultured Decadence has closed a US$1.6 million pre-seed financing round to accelerate the development of cell-cultured lobster meat. Investors in the oversubscribed round include Bluestein Ventures, Joyance Partners, Revolution’s Rise of the Rest Seed Fund, Gener8tor, GlassWall Syndicate, Bascom Ventures, and China-based Dao Foods. The company also received a grant from the Wisconsin Economic Development Corporation administered by the Center for Technology Commercialization (CTC), reportedly marking the first-ever state government funding for cellular agriculture. Cultured Decadence has developed a technology that utilises the cells of…

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Slaughter free meat to become cheaper, more eco-friendly by 2030 – CE Delft

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GLOBAL – Slaughter free (also known as cultivated meat) is projected to become more affordable by 2030 as production efficiencies improve and greater collaboration is made in the supply chain, a new study by CE Delft has revealed. According to the study, production efficiencies in the sector could push the price of the protein to as as low as US$5.66 per kilogram (US$2.57 per pound) in 2030. This would be a great achievement given that when the first cultivated meat debuted in 2013 in form of Dr. Mark Post beef…

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Future meat technologies succeeds in bringing cost of cell-based lab chicken down to US$7.50

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ISRAEL – The once extremely expensive lab grown chicken is finally becoming more affordable thanks to more players joining the game, scientific advancements, new plant-based growth media, and partnerships across different scientific disciplines. Most recently, Israel-based Future Meat Technologies produced a cell-based chicken breast for about US$7.50, the biggest cost reduction recorded to date. Compared to the US$325,000 spent in 2013 to produce the world’s first hamburger made from cell-based meat in 2013, the US$7.50 is a great milestone in cell-based meat industry. It is arguably the biggest step yet…

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Adisseo and Calysta’s Joint Venture to build world’s first commercial-scale single-cell protein production facility in China

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CHINA –  Calysseo, an alternative protein  joint venture between worldwide animal nutrition leader Adisseo and protein innovator Calysta, is building a first facility in Chongqing, China. In a joint release, Adisseo and Calysta said that upon completion in 2022, the China facility is expected to become the world’s first commercial-scale production facility of single-cell protein. The facility is a paradigm shift in protein production as it uses no arable land and almost no water in its production, making it a completely new sustainable way of making alternative proteins. “Calysseo’s facility…

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Air Protein raises US$32m in funding round led by ADM, to develop a meat alternative out of thin air

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US – California based Food technology start-up, Air Protein, has announced a US$32 million Series A funding round led by Archer Daniels Midland (ADM), with participation from Barclays and GV (formerly Google Ventures). The company, founded by former strategy consultant Lisa Dyson, who also has a doctorate in physics, is built around 1960s-era NASA research about how astronauts could convert carbon dioxide into food. The space agency looked at hydrogenotrophs — common microbes, some of which live in the human gut — that can be used to turn carbon dioxide…

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Mitsubishi Food Group partners Israeli startup Aleph Farms to introduce cultivated meat in Japan

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JAPAN – Mitsubishi Corporation’s Food Industry Group is partnering with Israel-based start-up Aleph Farms to bring cultivated meat to Japan in an effort to help the country meet climate change and food security goals. The two companies have already signed a Memorandum of Understanding (MoU) which will see them work together with the aim of selling cultivated meat in the Asian country. As part of the deal, Aleph Farms will use its manufacturing platform BioFarm for the cultivation of whole-muscle steaks.  Mitsubishi, on its part, will provide its expertise in…

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