IntegriCulture cell cultivated meat

©IntegriCulture

Japan: IntegriCulture Raises $7M for Universal Cultivated Meat Platform

IntegriCulture – the Japanese cultivated meat commercialization specialist – has raised $7 million in Series A-plus funding. The company will use the funds in its development of affordable growth media and other tech solutions for the cellular agriculture sector.  Striving to bring down costs for emerging cultivated meat companies, IntegriCulture is developing ‘outside-factor-free’ cellular agriculture tech, which could even one day be used in the home. The recent $7 million in Series A-plus funding brings IntegriCulture’s total funding to date to $16.4 million. Although cultivated meat production costs are falling rapidly, it remains prohibitively expensive as a commercial enterprise. IntegriCulture addresses that with its CulNet System – a universally accessible platform for growth media production. In an interview with vegconomist, IntegriCulture founder Yuki Hanyu explained …

more

Tnuva milk products on shelf

©hafakot - stock.adobe.com

Israel’s Major Food Producer Tnuva Collaborates with BioTech Company Pluristem For Cultivated Food Platform

The Tnuva Group, Israel’s largest food conglomerate, just announced the launch of a collaboration with local biotechnology company Pluristem to develop, manufacture and commercialize cultivated products for the food industry. The collaboration started with the incorporation of a new company called NewCo that will receive exclusive, global, royalty bearing licensing rights to use Pluristem’s proprietary technology and know-how to be used in the field of cultured meat. The Tnuva Group will invest $7.5 million in NewCo, according to a pre-money valuation of $40 million, with the option to invest up to an additional $7.5 million over a period of 12 months following the closing. NewCo will use its own funding and resources to promote its mission, with Tnuva providing the R&D platform to develop consumer …

more

© Mosa Meat

34% of UK Consumers Willing to Try Cultivated Meat, 60% Would Try Plant-Based

A new study into public acceptance of alternative proteins released today by the Food Standards Agency (FSA) reveals that around a third (34%) of UK consumers are willing to sample cultivated meat, whilst as many as six in ten (60%) are happy to try plant-based proteins. The research was conducted with a representative sample of 1,930 adults aged 16-75 in the UK between 9th – 11th December 2021, commissioned by the FSA via Ipsos MORI’s online omnibus. The most cited reason for unwillingness to try cultivated meat (49%) was due to finding it “off-putting”, whereas the biggest barrier to trying plant-based proteins was that participants enjoy consuming animal meats (36%). Participants who said they were unwilling to try these alternatives were asked as to what …

more

CC-BY_Mosa Meat_burger-1_credit Mosa Meat

©Mosa Meat

Cultured Meat Global Market Trends and Growth Forecasts: A $275.59 Million Market by 2025 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Cultured Meat Market Report 2021: COVID-19 Growth and Change” report has been added to ResearchAndMarkets.com’s offering. The global cultured meat market is expected to grow from $110.09 million in 2020 to $127.67 million in 2021 at a compound annual growth rate (CAGR) of 16%. The market is expected to reach $275.59 million in 2025 at a CAGR of 21.2%. North America was the largest region in the cultured meat market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Meat made from 3D printed cells is gaining popularity among meat production companies to create precise digitally printed structures. 3D printed cultured meat has evolved in recent months to develop …

more