According to the FAO, an average of 145 eggs are consumed per capita, with WATTPoultry reporting last November that global egg consumption is rising along with changing dietary habits. However, issues such as a recent Avian Flu warning as well as the rise in plant-based is causing producers to look increasingly toward egg replacement products.
Prolific Machines Reveals $42M Series A to Scale ‘Assembly Line’ Tech for Cultivated Meat
Cultivated meat startup Profilic Machines has emerged from stealth mode to announce a $42M Series A raise led by investor Arvind Gupta and the Bill Gates-founded Breakthrough Energy Ventures. After raising the round a year ago, it is now opening a 25,000 sq. ft. facility in Emeryville, CA to expand its “fundamentally new approach” to cultivated fish, poultry and beef. Unlike most cultivated meat companies, Prolific says it is focused on inventing a scalable manufacturing process first, followed by a product, in order to create the necessary infrastructure that can cost-compete with factory farming. As Henry Ford revolutionized automobile manufacturing by efficiently assembling cars, Prolific says it is inventing breakthrough technology to help cultivated meat reach the mass market. Reducing costs Prolific was founded by …
