Memphis Meats, the leading name in cellular meat, has received investment totalling in excess of $180 million, including this most recent Series B round of $161 million, with participants such as Bill Gates and Richard Branson. The Berkeley, California brand now will be able to hit a major milestone of launching products into the market.
Virgin
Richard Branson: “Plant-Based Meat Will Become the Norm and Animals Will no Longer Need to be Killed For Food”
Last Friday, British plutocrat Richard Branson posted on social media after sampling clean meat products from Memphis Meats. In an article published on his Virgin blog page, as linked below, Branson states; “Meat production has not changed in 10, 000 years. It’s time that changed.”
$90 Million Series A Financing for Biotech Startup
Boston company Motif Ingredients, a food tech startup from the biotech company Ginkgo Bioworks, has secured from Breakthrough Energy Ventures the largest amount of funding to date for a food tech company. Breakthrough Energy Ventures includes investors from the billionaire founders of Virgin, Microsoft and Amazon.