CULT Food Science

dog treats

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Company News

CULT Food Science Subsidiary Signs Agreement for Supply of Cultivated Meat for Pet Treats

CULT Food Science Corp. has announced that its subsidiary, Further Foods Inc., has entered into a research and development (R&D) supply agreement with a cultivated meat producer. The agreement secures a supply of cultivated meat for the creation of Noochies!, a line of pet treats made from lab-grown meat. Noochies! will be introduced at the Global Pet Show in Orlando, Florida, from March 26-28. The event will serve as an opportunity to present the pet treat line to distributors and consumers in the pet food industry. Further Foods is also expanding its distribution in Asia, specifically targeting Southeast Asia, where it has received initial orders from a distributor. Additional discussions are ongoing with other potential partners in the region. The growing interest in sustainable pet …

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CULT Food Science

© CULT Food Science
Investments & Finance

Cult Food Science Closes Debt Settlements

Cult Food Science, a Canadian food technology platform pioneering the commercialization of cultivated meat, has announced the settlement of outstanding debts owed to its creditors. As part of the settlement agreements, the company issued 2,997,000 shares at a price of $0.05 each. Of these, 1,017,000 are subject to a four month and one day hold period due to National Instrument 45-105 – Prospectus Exemptions. The remainder are not subject to a hold period, in accordance with Ontario Securities Commission Rule 72-503 – Distributions Outside Canada. The news comes after the company’s board of directors determined that it would be in the business’ best interest to complete the debt settlement in order to preserve cash for working capital. Commercializing exciting technologies Cult Food Science boasts an …

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Tacos filled with mycoprotein meat

© Maia Farms x The Better Butchers
Investments & Acquisitions

CULT Food Science Targets Mycelium and Hybrid Alternatives with Acquisition of The Better Butchers

CULT Food Science Corp. (CSE: CULT, OTC: CULTF, FRA: LN00), a Canadian company focused on advancing cellular agriculture and lab-grown meat technologies, has executed a binding Letter of Intent (LOI) to acquire The Better Butchers Inc. (TBB). The transaction involves CULT acquiring 100% of TBB’s shares, subject to due diligence, regulatory approvals, and other conditions. The Better Butchers was founded in 2022 with the mission to be the first to bring cultivated meat to market in Canada, along with opening a cultivated meat butcher shop in Vancouver. Recently, however, the company has been focusing on mycelium-based meat alternatives. Using fungi-derived mycelium proteins through biomass fermentation, The Better Butchers has introduced a range of plant-based products designed to offer both nutritional value and familiar textures. These …

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A drawing of a happy dog under the sun by Noochies!

© Noochies!

Pet Food

Noochies! Starts FDA Approval Process as Cultivated Pet Food Inches Closer to Shelves

US pet food brand Noochies! announces that it has initiated the first steps of the regulatory process to introduce a cultivated chicken dog product in the US market. Further Foods, the brand’s parent company owned by Canada’s CULT Food Science, has completed and submitted a feeding trial protocol for dogs to the FDA. The feeding trials, necessary to ensure the novel ingredient’s safety and efficacy, will start later this year, contingent on the FDA’s approval. The protocol’s design was developed in collaboration with Dr. Sarah Dodd, co-founder of the US startup Friends & Family Pet Food Co. Noochies! has already introduced two unique products featuring an alternative protein: Freeze-Dried Dog and Cat Snacks, crafted with a dried yeast protein developed by CULT Food Science. Mitchell Scott, …

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Further Foods, the company behind the cruelty-free pet food brand Noochies!, will submit a feeding trial protocol for dogs and their cultivated chicken to the FDA later this month.

© Noochies!
Pet Food

Noochies! Takes First Regulatory Steps to Launch a Cultivated Chicken Product for Dogs in the USA

Canada’s CULT Food Science (“CULT” or the “Company”) (CSE: CULT) (OTC: CULTF) (FRA: LN0) announces that its subsidiary, Further Foods, the company behind the pet food brand Noochies!, will submit a feeding trial protocol for a cultivated chicken ingredient to the FDA later this month. Noochies!, a brand leveraging alternative proteins to avoid factory-farmed chicken and beef, has already introduced two unique products featuring a dried yeast protein developed by CULT Food Science to meet pets’ daily nutritional requirements: Freeze-Dried Dog and Cat Snacks. The brand has plans to formulate new Noochies! with cultivated chicken. The feeding trials, necessary for regulatory approval as cultivated chicken is a new ingredient that pets have never consumed, are planned to commence in Q4 of this year. This is contingent …

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CULT Food Science

© CULT Food Science
Cultivated, Cell-Cultured & Biotechnology

CULT Food Science Pens Open Letter to Florida Government Opposing Cultivated Meat Ban

Cellular agriculture investment firm CULT Food Science Corp. has published an open letter to the Florida Government expressing the company’s opposition to the state’s ban on the sales of cultivated meat. “The notion that this meat is fake or unhealthy is simply wrong,” urges the letter. This May, Governor Ron DeSantis made Florida the first US state to impose a ban on cell-cultivated meat, with the signing of Senate Bill 1084, declaring: “We’re fighting back against an ideology that ultimately wants to eliminate meat production in the US and around the globe. In the State of Florida, we’ve put down the marker very clearly: we stand with agriculture.” He added, “Take your fake lab-grown meat elsewhere. We’re not doing that in the state of Florida.” …

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A drawing of a happy dog under the sun by Noochies!

© Noochies!

Cultivated, Cell-Cultured & Biotechnology

CULT Food Science Secures Funds to Expand Noochies! Line of Cultured Yeast Pet Food

CULT Food Science Corp. announces it has raised CAD$800,000 to expand the portfolio of Noochies! and solidify its position as a fast-growing, sustainable pet food brand. According to the announcement, CULT Food Science completed a private placement by selling 16,000,000 units for CAD$0.05 per unit. Each unit consists of one common share and one common share purchase warrant. The warrant allows the holder to purchase additional shares at a specified price within two years. PowerOne Capital Markets Limited acted as a finder in the private placement transaction and received $36,750 in cash finder’s fees and 735,000 finder’s units (Finder Warrants) as compensation. Each Finder Warrant can be exercised into one unit for $0.05 within two years from closing. Mitchell Scott, CEO of CULT Food Science, comments, …

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dog with food

Image courtesy ProVeg International

Pet Food

CULT Food Science Releases Third Proprietary Ingredient for Alternative Pet Food

Canada-based cell-ag investor CULT Food Science has released details and commercialization plans for its latest proprietary ingredient for alternative pet food, Bmeaty. This marks the third proprietary ingredient from the company, offering a savory, umami flavor appealing to cats and dogs. Made through a fermentation and fractionation process, Bmeaty is a blend of yeast extract, hydrolyzed yeast, and carrier yeast, which contains about 40% protein, along with fiber and B vitamins, helping to support digestion, cognitive health, and heart health. Bmeaty joins CULT’s lineup of patented ingredients for pet food, including Bmmune and Bflora. The CEO of CULT Food Science, Mitchell Scott (previously of The Very Good Food Co / The Very Good Butchers), who was appointed at the beginning of this month, commented, “We …

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CULT Food Science Corp.

©CULT Food Science Corp.

Company News

CULT Food Science Appoints Mitchell Scott of The Better Butchers as New CEO

CULT Food Science Corp., a leader in cellular agriculture technology and product development, appoints Mitchell Scott as its new Chief Executive Officer, effective November 1, 2023. This development follows the resignation of the company’s former CEO, Lejjy Gafour. Mitchell Scott is no stranger to the plant-based and cultivated food sectors, with over eight years of industry experience including the co-founding of Canadian plant-based meat brand The Very Good Butchers. Scott was exited from The Very Good Butchers prior to its collapse in 2022 when the company went into receivership, and earlier this year announced his newest endeavor, The Better Butchers. The Canadian startup, specializing in cultivated meat production, is currently working on prototypes for pork sausages, meatballs, and marinated steaks, with plans to introduce these …

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CULT Food Science launches Marina Cat, a cultivated fish cat food brand

© CULT Food Science

Pet Food

CULT Food Science and Umami Bioworks Launch Cultivated Fish Cat Treat

CULT Food Science (CSE: CULT), an investment platform focused on cellular agriculture, has introduced Marina Cat, a new cell-cultivated pet food brand developed in partnership with cultivated fish company Umami Bioworks. Marina Cat aims to offer eco-friendly products with the nutritional benefits of fish without the harmful environmental impacts of commercial fishing.  Marina Cat’s first product is described as a blend of sustainably produced cultivated snapper and a nutritional yeast ingredient called Bmmune, which boosts the cat’s immune system. Additionally, the treats contain Omega 3 and 6, nine fatty acids, and DHA and EPA to promote cognitive function, vision, and nervous system development. The new products will begin to be produced later this year and are expected to be available for purchase by 2024, says CULT Food Science. …

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Cult Foods

©CULT FOOD SCIENCE
Investments & Finance

CULT Food Science Partners with South Korean Startup ‘Everything But’ to Bring Cell-Cultivated Chicken for Pet Food to US market

CULT Food Science Corp., an investment platform focused on cellular agriculture, announces it has signed an MoU with Korean pet foods startup Everything But to supply cell-cultivated chicken for its stable of sustainable pet food brands. CULT claims that the resulting cell-cultivated chicken products will be among the world’s first cell-cultivated chicken pet products brought to market. Founded by veterinarians and scientists, Everything But is a venture-backed pet food company based in Seoul, described as the first-ever Asian cell-based pet food company. On inspection, Yoonchan Hwang, founder of Everything But, was formerly the senior manager at Seawith, a position he stepped down from two months ago. “Our partnership with CULT transcends a mere business collaboration. Both Everything But and CULT share a profound vision for …

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Jellatech Inc. 3 team shot

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Cultivated, Cell-Cultured & Biotechnology

CULT Foods Partners with JellaTech to Launch Animal-Free Collagen in Pet Food

Investment platform CULT Food Science (CSE: CULT)  announces a new partnership with biotech startup JellaTech to launch collagen-enhanced pet foods using functional animal-free collagen. The new ingredients will appear in Indiana Pets, an upcoming pet foods brand created by CULT.  By using cell-cultured collagen, CULT says Indiana Pets can provide premium nutrition to dogs with a much lower environmental impact. Collagen is a major structural protein found in many body tissues, including the bones, skin, tendons, and cartilage, and which provides support, elasticity, and strength. As pets age, they may experience joint pain and stiffness, and collagen has been shown to benefit dogs living with osteoarthritis and other mobility issues, CULT says. JellaTech’s “high purity” collagen is formulated specifically for senior and active dogs, and …

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Because Animals Harmless Hunt

©Because Animals

Cultivated Meat

CULT Food Science Signs LOI to Acquire Cultivated Pet Food Brand Because, Animals

Updated situation: please refer to this article for further details. CULT Food Science (CSE: CULT), an investment platform focused on cellular agriculture, announces it has signed a binding Letter of Intent (LOI) to acquire the consumer brands and formulations of Because, Animals Inc., a cultivated and plant-based pet food company.  According to CULT, the acquisition will join its internally developed pet food brands to form the company’s new Pet Food Division. This Division aims to develop and commercialize cultivated pet food products in collaboration with its portfolio companies, and will position CULT for direct-to-consumer and national retail sales.  Through the transaction, CULT states it will acquire Because, Animal’s consumer brand assets, related patents, non-scientific intellectual property, and product formulations. Because, Animals’ original co-founder Joshua Errett, …

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Cult Foods

©CULT FOOD SCIENCE
Investments & Finance

Investor Marc Lustig Acquires 15% of CULT Food Science, Becomes Largest Individual Shareholder

CULT Food Science (CSE: CULT) (OTC: CULTF),  an investment platform focused on cellular agriculture, announces Canadian entrepreneur Marc Lustig has acquired 15% of the company through his family office L5 Capital Inc. The transaction makes Mr. Lustig the company’s largest individual shareholder.  Described as an esteemed entrepreneur with a background in biotech, life sciences and cannabis, Lustig previously worked as an institutional investment banker across Canada and Europe, prior to founding his own ventures. Transaction details In a statement, CULT revealed that Lustig acquired an aggregate of 27,518,900 common shares and 30,725,000 common share purchase warrants of Cult Food Science in private transactions. Under the transactions, a company controlled by Lustig paid an aggregate of $752,335.81, representing a price of 2.5 cents per share and …

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Joshua Errett

Joshua Errett © Because, Animals
People

CULT Food Science Hires Because, Animals Co-Founder Joshua Errett

CULT Food Science has appointed Joshua Errett — co-founder of cultivated and plant-based pet food brand Because, Animals — as its new vice president of product development. CULT is an investment platform focused on cellular agriculture. The Canadian firm has an impressive and fast-growing portfolio featuring companies such as Umami Meat, Novel Foods, and Ohayo Valley. “I am excited to add Joshua as a member of the CULT team,” said Lejjy Gafour, chief executive officer of CULT. “He will be pivotal in the expansion of CULT’s operations, new product development, and other company efforts. His extensive experience in both cellular agriculture and as an experienced operator are expected to be vital in exploring new ways CULT can build value and be on the leading edge …

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Novel Farms Cultivated Pork Loin

©Novel Farms
Cultivated, Cell-Cultured & Biotechnology

Novel Farms Raises $1.4M in Pre-Seed Round for First Marbled Cultivated Pork Loin

Novel Farms, a food technology startup, announces a $1.4M pre-seed funding round and reveals it has created the world’s first marbled cultivated pork loin. According to the startup, its loin showcases the marbling and texture of a real muscle cut, making it one of the few cell-based meat companies to successfully create a structured meat prototype.  Founded in 2020 by Nieves Martinez Marshall, PhD and Michelle Lu, PhD, the company says its pork loin can scale more efficiently than other cultivated meats thanks to its edible and highly customizable scaffolds. Developed with Novel’s proprietary microbial fermentation, these lower-cost scaffolds provide a structure for the attachment of cultured meat cells, without the need for costlier biomaterials such as alginate, mycelium or cellulose. These newer scaffolds are …

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Opalia CEO and co-founder Jennifer Côté. © Opalia
Cultivated, Cell-Cultured & Biotechnology

Opalia’s Cell-Based Milk to Be Produced at Pre-Pilot Scale by 2024

Opalia’s cell-based milk could be produced at pre-pilot scale as early as 2024, according to investment platform CULT Food Science. The Canadian alt-dairy company is currently searching for suitable commercial partners to make this possible. The news comes just a few months after Opalia announced it had developed a non-animal-derived cell culture medium to replace fetal bovine serum (FBS). The new medium is more ethical, affordable, and consistent in quality than FBS, as well as being less prone to contamination. Opalia first created a proof of concept in March of last year, when it successfully produced milk from an artificial mammary duct. The company claims to be the only one in Canada working on cell-based milk, and is said to be in the process of …

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CELL AG TECH Sushi/ FIsh

© CELL AG TECH
Cultivated, Cell-Cultured & Biotechnology

CELL AG TECH Joins with Canadian Research Firm CCRM to Scale Cell-Based Fish Manufacturing

CULT Food Science, an alt-protein investment platform, announces its portfolio company CELL AG TECH is collaborating with the Centre for Commercialization of Regenerative Medicine (CCRM) to efficiently scale CELL AG’s cultured seafood manufacturing. CELL AG has also been named a winner in Canada’s AcCELLerate-ON competition for its work on scaling fish muscle stem cells in 2D and 3D. As part of the signed agreement, CELL AG and CCRM’s scientists will work on developing a cost-effective and efficient process for growing fish cells in bioreactors. A leader in regenerative medicine-based technologies, CCRM’s cell manufacturing knowledge and ability to apply regenerative medicine principles to cell culturing will accelerate CELL AG’s development processes and improve product quality, the startup says.  Though the scaling of cell-based fish and seafood …

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Lejjy Gafour CULT Food

Lejjy Gafour ©CULT Food Science Co
Interviews

CULT Food Science: “We Will Be the Global Leader in Cell-Based Foods Through Investment & Tech Development”

Based in Canada and looking to be the global leader in cell-based foods, CULT Food Science boasts one of the most impressive portfolios not only in cellular agriculture but in all of alt protein. Featuring Eat Just Inc, MeaTech, MeliBio, and California Cultured to name but a few, CULT Food Science is a rapidly-expanding investment platform looking to advance the future of food with an exclusive focus on cultivated meat, cultured dairy, and cell-based foods. We talked in depth with Lejjy Gafour, the president of CULT Food Science, who has a fascinating personal story about his journey into the world of cell-based. How and why was CULT Food Science born? CULT Food Science was born out of a group of experienced operators and investors who …

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De Novo Dairy

©De Novo Dairy
Fermentation

CULT Invests in Africa’s First Precision Fermentation Company De Novo Dairy

Africa’s first precision fermentation company De Novo Dairy this week received an early-stage investment from Canadian cellular agriculture investment company CULT Food Science Corp. The investment strengthens the alt-protein space in Africa, as well as the ongoing investment boom in fermentation companies CULT Food Science claims that this net-new exposure to cell-based dairy continues to broaden its cell-based portfolio, in which well-established companies can be found, including Singapore cultivated seafood startup Umami Meats and cultured chocolate leader California Cultured Inc. Strengthening the food-tech industry in Africa Being the continent’s first precision fermentation company in the alternative protein space, De Novo Dairy is planning to bring nutritious dairy substitutes to the South African market. Founded in 2021, De Novo Dairy is focused on nutritious dairy products, …

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