GLOBAL Cell Based Food OVERVIEW

Categories Landscape

๐Ÿ‡บ๐Ÿ‡ธ USA | ~ $1.18 billion

With more than a dozen companies working on cellular and acellular food production, and over $80 million invested in the space, US venture capitalists are recognizing the fiscal opportunities and societal importance of cell based food production. The USDA and FDA are taking measures to determine the regulatory structure for which cell based meat will be governed, in preparation for these products to come to market within the next 2 years.

๐Ÿ‡ฎ๐Ÿ‡ฑ ISRAEL | $11.9 million

Israeli biotech firms and venture capital incubators are laying the foundation for a strong cell based meat production export economy.  One notable Israeli company, Future Meat Technologies has received $2.2 million in a seed investment round co-led by Tyson Ventures, the venture capital arm of Tyson Foods, Inc. Additionally, China has signed a trade agreement with Israel worth $300 million to import cell based meat made by companies SuperMeat and Future Meat Technologies. Lastly, the Israel Innovation Authority, an independent publicly funded agency, is fueling cell based innovation by providing infrastructure, and access to international capital. 

๐Ÿ‡ณ๐Ÿ‡ฑ NETHERLANDS | ~ $16.3 million

Netherlands has four companies producing cell based meat. Meatable and Mosa Meat are the most significant. Mosa Meat is known for creating the worldโ€™s first lab grown meat burger in 2013. Since then, Mosa Meat has received some noteworthy investments from major tech moguls, including an $8 million investment from Googleโ€™s co-founder Sergey Brin. Meatable is also another hot company and are licensing a proprietary technology to produce cell based meats with induced pluripotent stem cells. Read More about that here.

๐Ÿ‡จ๐Ÿ‡ฆ CANADA | ~ $1 million

Canada has one company working on cell based meat, Appleton Farms, and one company working on cell based fish, Seafuture. The Canadian government is closely monitoring and waiting to see how the regulations evolve in the United States. Canada will likely follow the regulatory framework that the United States develops for these products.

๐Ÿ‡ฏ๐Ÿ‡ต JAPAN | ~ $2.7 million

Japan currently has one company pursuing cell based meat production: Intergriculture. The Agriculture, Forestry and Fisheries Fund Corporation for Innovation, Value-chain and Expansion Japan is a Japanese government fund, and an investor in Intergriculture — demonstrating the countryโ€™s interest in progressing cellular meat production within the country. With the rising price of Waygu beef, and the heavy reliance on agricultural imports, Japan is seriously considering cell based tech as a viable long term food production process.

๐Ÿ‡ธ๐Ÿ‡ฌ SINGAPORE | ~ $1 million

Singapore has one company working on cell based seafood, Shiok Meats. Asiaโ€™s leading agribusiness group, Wilmar International, based in Singapore has expressed the importance food tech advancements that address the reformulating of food production and processing.

๐Ÿ‡จ๐Ÿ‡ณ CHINA | ~ $1 million

China has one company working on development of cell based meat, Avant Meats. Chinese government officials and venture capital groups are working diligently to ensure cell based meat hits the plates of Chinese consumers. China has already signed a $300 million trade deal with Israel to import cell based meats. Dao Foods International, a cross-border impact venture capital company, co-founded by Albert Tseng, is primarily focused on introducing plant-based and clean meat in China. 

๐Ÿ‡ฌ๐Ÿ‡ง UNITED KINGDOMS | ~ $1 million

The United Kingdom has one company pursuing cell based meat, Higher Steaks. The UK regulatory bodies have been quiet regarding labeling of these new products. 

๐Ÿ‡น๐Ÿ‡ท TURKEY | ~ $500,000

Turkey has one company pursuing cell based meat technology, Biftek