Future Meat Technologies raises $347M and makes a $1.70 cell-based chicken breast
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Israeli startup Future Meat Technologies has raised $347m in a Series B round of financing, fueling its plans to open a US plant next year and drive down the cost of cultivated meat below its current price of $7.70 per lb.
Future Meat Technologies announced that it has raised $347 million in
The largest amount ever invested worldwide in a cultivated meat company will be used to build a production plant in the US.
Cultured meat is a form of cellular agriculture, and is produced by in vitro cell cultures of animal cells - Click the link for more details.