cultivated foie gras

© Gourmey

Investments & Acquisitions

France’s Gourmey Raises €48M to Build Cultivated Foie Gras Facility

French startup Gourmey has secured €48 million in Series A funding to further develop its cultivated foie gras. The round was led by Earlybird Venture Capital, with participation from others including Keen Venture Partners, Omnes Capital, and Discovery. The company will use the funding to open a 46,000-square-foot R&D and production site in Paris, which will be the largest cultivated meat facility in Europe. Additionally, Gourmey plans to significantly expand its team. While the initial focus is on foie gras, Gourmey eventually plans to use its technology to produce other kinds of cultivated poultry meat. Ethical foie gras Many consumers, even those who are not vegetarian or vegan, avoid conventional foie gras due to its association with animal cruelty. In some countries, such as the …

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Fois Green

Foie Green. Image courtesy of Ficoba

Politics & Law

UK Government Reaches Out to Plant-Based Innovators to Replace Foie Gras Forever

Following the historic decision from MPs to ban trade in foie gras, the UK government has called on vegan restaurateurs to advise on plant-based alternatives to the cruel practice. As first reported by The Guardian, the government is aiming to prove that gap in the markets left by restrictions on controversial products like foie gras can be filled by plant-based innovation.  As the UK Department for Environment, Food and Rural Affairs works out legislation to ban the sale and import of foie gras – produced by force-feeding fat to caged ducks and geese by pipes down their throats multiple times a day – alt meat innovators are already ahead of the curve with an array of so-called “faux gras” products.  ProVeg incubator alumni Aberyne produces …

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Gourmey

©Gourmey

Cultivated, Cell-Cultured & Biotechnology

French Cell-Cultured Startup Gourmey Raises $10M in Funding for Ethical Foie Gras

With claims to be the first French startup working in the cell-cultured meat sphere, Gourmey has developed a cruelty-free foie gras from duck cells. The startup recently closed a $10 million (€8.4 million) funding round as it positions itself in the emerging cell-cultured poultry market. “The ambition is that in many places cultivated foie gras not only will be the best option, but it will be the only option” From chicken to duck, poultry is the planet’s most consumed meat, so Gourmey has focused on this sector, starting with its ethical foie gras but with one eye on a future mass-marketable chicken fillet. Its recent funding round featured Big Idea Ventures and Beyond Investing, as well as public backing from Bpifrance and the European Commission. …

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