Foodtech

Cultured meat (Pt 2) – Startups and Investments

(estimated reading time: 6 minutes) 

Introduction

Various industry experts expect the cost of bringing cultured meat to the public to vary between $150-370 million, according to AgFunder. To date, investors have poured less than $100 million into every company operating in cultured meat combined.  Despite the obvious dichotomy, should 2018 be the year of cellular agriculture and cultured meat, funding rounds for startups operating in the space will be both massive and widely covered in the media. Many investors and scientists wrote off the prospects of cultured meat after its initial debut – Dr. Mark Post’s $300,000 adventure. Cause for optimism nevertheless resides – the cost of production has fallen by 98% in less than two years and, often times, it’s easy to forget how expensive bringing a product to market can be. After all, the first iPhone cost over $2.5 billion in R&D. In this blog you will learn more about some of the companies vying to make cultured meat as widespread as Apple’s device.

Continue reading “Cultured meat (Pt 2) – Startups and Investments”

Foodtech

Cultured meat- the meat that could revolutionise the $844bn meat market

(estimated reading time: 6 minutes) 

Introduction

Our last newsletter (hyperlink) offered insight into a unique sector of the rapidly growing plant-based protein industry – mushrooms and the fascinating potential of fungi in the human diet. We opted to dive into a more nuanced sector of plant-based proteins due to the abundance of media attention and venture capital funding on plant-based alternatives to traditional meat products. Beyond Meat, Impossible Foods, and Hampton Creek, the three most prominent plant-based meat startups, have collectively raised over $500 million from Silicon Valley’s most reputable firms. Surprisingly, companies that produce lab-grown meat – or “cultured meat,” as we will refer to it – have received significantly less capital and experienced comparatively slower growth. This newsletter will explore the realm of cultured meat to unearth and explain the technology, active players, and its place in the lucrative meat market alongside plant-based competitors.

Continue reading “Cultured meat- the meat that could revolutionise the $844bn meat market”