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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.
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]
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]
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]
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 ...
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3579 S High St, Columbus, OH · Directions · (614) 409-0683