Archived Bill Gates and Richard Branson Back Startup To Produce Lab-Grown Meat (bloomberg.com)
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Archived Bill Gates and Richard Branson Back Startup To Produce Lab-Grown Meat (bloomberg.com)
submitted ago by Runaway-White-Slave
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[–] derram 0 points 1 point 1 point (+1|-0) ago
https://archive.is/IVX2T | :
'These are problems that everyone wants to solve.”To date, Memphis Meats has raised $22 million, signaling a commitment to the “clean-meat movement,” the company said. '
'Cultured meats and conventionally produced meats will both play a role in meeting that demand.”The investment is just the most recent by traditional meat companies. '
'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. '
'That’s happening through surging demand for organic products, increasing focus on food that’s considered sustainable and greater attention on animal treatment. '
'The fundraising round was led by venture-capital firm DFJ, which has previously backed several social-minded retail startups. '
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