Jimi Biotech

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Cultivated, Cell-Cultured & Biotechnology

China’s Jimi Biotech Develops “World’s First” Deer Antler Stem Cell Line

Chinese cellular agriculture company Jimi Biotech has developed what it claims is the first ever deer antler stem cell line. So far, the line has undergone over 60 passages, with a doubling time of under 24 hours. Deer antlers are widely used in China for dietary and medicinal purposes, and the market exceeds 3 billion RMB (about $412 million). They have been extensively studied for their ability to completely regenerate under natural conditions, with some researchers believing they could have anti-aging properties. The stem cells, which make up less than 1% of the antler structure, play a key role in this ability. The cells used by Jimi Biotech were derived from the tip of the first two-bar antler of a three-year-old Sika deer. Prime-aged deer …

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100% cells cultivated chicken

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Cultivated, Cell-Cultured & Biotechnology

Jimi Biotech Unveils “China’s First” 100% Cultivated Chicken

Hangzhou-based company Jimi Biotech claims it has successfully developed China’s first 100% cultivated chicken, made without using plant scaffolding. Jimi has also announced a new round of funding, invested exclusively by Shiwei Capital. The news comes just three months after the company secured funds in an angel round, after unveiling China’s first cultivated beef product. Jimi Evolution System Weichang Jiang, a partner at Shiwei Capital, said: “Although only three months have passed since the last round of funding, Jimi Biotech has still made significant technological breakthroughs. In addition to the rapid progress in core areas such as cell lines and culture media, we believe that Jimi Biotech’s deep integration of automation and AI into the research and development also reflects the founder’s emphasis on continuously …

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Investments & Finance

Jimi Biotech: Producer of First Cultivated Beef in China Closes Angel Round, Has Sights on Unicorn Status?

Jimi Biotech, a company that states that it unveiled the first cultivated beef in China four months after it was founded, announces the completion of an angel round of RMB20 million (around $3 million) to accelerate cultivated meat production in the country. The round was led by Plum Ventures, and Fanqie Capital, and included Green Leaf Ventures and Joyvio Capital. Former Alibaba engineer and founder of NYSE-listed company Mogujie, Chen Qi, invested in the company’s seed round. According to the company, the fresh funds will be invested in its R&D and HR departments. Leadership position Plum Ventures co-founder, Shichun Wu, commented: “In the fast-moving cultivated meat industry, Jimi has established its leadership position in cultivated meat technologies. With its strong capabilities in R&D and commercialization, …

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