Stories
Slash Boxes
Comments

SoylentNews is people

posted by Fnord666 on Sunday November 05 2017, @03:29PM   Printer-friendly
from the vat-grown dept.

Submitted via IRC for takyon

Cargill Inc., one of the largest global agricultural companies, has joined Bill Gates and other business giants to invest in a nascent technology to make meat from self-producing animal cells amid rising consumer demand for protein that's less reliant on feed, land and water.

Memphis Meats, which produces beef, chicken and duck directly from animal cells without raising and slaughtering livestock or poultry, raised $17 million from investors including Cargill, Gates and billionaire Richard Branson, according to a statement Tuesday on the San Francisco-based startup's website. The fundraising round was led by venture-capital firm DFJ, which has previously backed several social-minded retail startups.

They made the first ever chicken and duck meat that were produced without the animals.

The company expects to have a product in stores by 2021.

"They're the leader in clean meat. There's no one else that far along," says venture capitalist Steve Jurvetson, whose firm led Memphis Meats' recent $17 million Series A. Before he met Valeti in 2016, Jurvetson spent almost five years researching lab-grown meat and meat alternatives, believing the market was set to explode. "They're the only one that convinced me they can get to a price point and a scale that would make a difference in the industry," he says.

Cargill is the largest privately held corporation in the United States in terms of revenue ($109.7 billion in 2017).

Source: https://www.nextbigfuture.com/2017/10/cargill-bill-gates-richard-branson-backed-memphis-meats-expects-meat-from-cells-in-stores-by-2021.html

Previously: Lab-Grown Chicken (and Duck) Could be on the Menu in 4 Years

Related: Lab-grown meat would 'cut emissions and save energy'
Producing Beef has the Greatest Impact on the Environment Compared to Other Animal Based Foods
Real Vegan Cheese: Coming From a Yeast to You
Would You Try Silicon Valley's Bloody Plant Burger(s)?
Lab-Grown Pork Closer to Reality


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 3, Informative) by t-3 on Monday November 06 2017, @02:38AM (2 children)

    by t-3 (4907) on Monday November 06 2017, @02:38AM (#592778) Journal

    Squirrel meat is the number 1 source of bubonic plague in the US, and they can also harbor other nasty diseases. Don't eat rodents unless you have to.

    Starting Score:    1  point
    Moderation   +1  
       Informative=1, Total=1
    Extra 'Informative' Modifier   0  
    Karma-Bonus Modifier   +1  

    Total Score:   3  
  • (Score: 2) by Gaaark on Monday November 06 2017, @02:57AM

    by Gaaark (41) on Monday November 06 2017, @02:57AM (#592782) Journal

    Awwww... This is why we can't have nice things. Like squirrel nuts roasting on an open fire.

    --
    --- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---
  • (Score: 2) by fliptop on Monday November 06 2017, @03:00AM

    by fliptop (1666) on Monday November 06 2017, @03:00AM (#592783) Journal

    Squirrel meat is the number 1 source of bubonic plague in the US

    The odds of that are very remote [yahoo.com]. I usually shoot and eat 8-10 squirrels every year and have never had an issue, not even w/ warbles which is much more likely.

    --
    To be oneself, and unafraid whether right or wrong, is more admirable than the easy cowardice of surrender to conformity