Stay updated with breaking news from Future Meat. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Making inroads in the world of lab-grown meats is Israeli startup Future Meats, which has just received the largest investment ever seen in the cultured meat industry and is rapidly reducing the production costs of its cultured chicken.
The firm also announced that it had raised $347 million in Series B round of financing.
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 will use the Series B funding round to build a US production facility for its cell-grown meat products.
The company is accelerating plans for the mass production of cultivated meat in the US