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Beyond Meat, whose “bleeding” veggie burger propelled it to the the highest-popping IPO in 2019, has slid from a market cap of $3.8 billion to just $450 million today.
Several months ago, when the pandemic disrupted production at US meatpacking plants and caused panic about a potential meat shortage, some consumers may have turned toward plant-based alternatives ...
Two cultivated-meat companies — Eat Just and Upside Foods — recently got full approvals from the U.S. Department of Agriculture to sell their lab-grown chicken products in the U.S. The federal ...
The U.S. approved the sale of lab-grown meat for the first time in June 2023, allowing two California startups, Good Meat and Upside Foods, to sell cultivated chicken. Two high-end U.S ...
Upside Foods (formerly known as Memphis Meats) is a food technology company headquartered in Berkeley, California, aiming to grow sustainable cultured meat. [1] The company was founded in 2015 by Uma Valeti , Nicholas Genovese , and Will Clem. [2] [3] Valeti was a cardiologist and a professor at the University of Minnesota. [1]
Companies making so-called “cultivated,” or “cultured” meat, which is also popularly known as “lab-grown” meat, are trying to scale up quickly — partnering with traditional meat ...
Unlike some of the innovative new plant-based substitutes that have recently hit the market, lab-grown meat — often called cultivated meat — is exactly what it sounds like. It’s actual meat ...
Beyond Meat reversed a sales slide in the third quarter, growing revenue for the first time since 2022 as it charged higher prices for its plant-based meat. Beyond Meat said it saw a 7% decrease ...