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Eat Just raised $200 million in funding in March 2021 [57] to fund global expansion. [58] Also in 2021, Eat Just's GOOD Meat subsidiary raised $267 million in venture capital funding. [59] In May, 2022, Eat Just signed a contract with ABEC Inc., which manufactures bioprocess equipment, to build 10 bioreactors for growing meat.
Believer Meats, from 2018 to 2022 known as Future Meat Technologies, or Future Meat for short, is a biotechnology firm which produces cultured meat from chicken cells and is working on cultured lamb kebabs and beef burgers. Based in Israel, its main office is located in Jerusalem, while its primary production facility is operating in Rehovot. [1]
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.
In January 2020, Quartz found around 30 cultured meat startups, and that Memphis Meats, Just Inc. and Future Meat Technologies were the most advanced because they were building pilot plants. [89] [90] According to New Scientist in May 2020, 60 start-ups were developing cultured meat. Some of these were technology suppliers. [91]
Beyond Meat also announced the launch in China of a plant-based version of minced pork. [41] In 2020, Beyond Meat launched an e-commerce site to sell products directly to consumers. [42] In January 2021, Taco Bell announced a collaboration with Beyond Meat, initially as a test and then as a permanent option for a new plant-based protein food. [43]
On Oct. 9, the U.S. Department of Agriculture’s Food Safety and Inspection Service announced a widespread recall of nearly 10 million pounds of ready-to-eat meat and poultry products produced by ...
Bezos Earth Fund vice chair Lauren Sánchez, Bezos’s fiancée, in March announced a $60 million initial investment into sustainable protein including plant-based, fermented, and cultivated meats ...
The William Davies Company facilities in Toronto, Ontario, Canada, circa 1920. This facility was then the third largest hog-packing plant in North America. The meat-packing industry (also spelled meatpacking industry or meat packing industry) handles the slaughtering, processing, packaging, and distribution of meat from animals such as cattle, pigs, sheep and other livestock.
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