As cell-cultivated meat hits menus, investors see scaling as next hurdle
Cell-cultivated meat companies could receive new investment since U.S. regulators cleared the product's sale last month, but the sector must scale up and lower costs to seriously challenge conventional meat, said investors and major food companies. The U.S. Department of Agriculture (USDA) on June 21 approved both Upside Foods and Good Meat to sell their cultivated chicken, following clearance from the Food and Drug Administration (FDA). The milestone could attract previously wary investors, said Matthew Walker, managing director of food and agriculture at S2G Ventures, which is investe...
Source: yahoo.com
