Chinese cellular agriculture company Jimi Biotech has developed what it claims is the first ever deer antler stem cell line. So far, the line has undergone over 60 passages, with a doubling time of under 24 hours. Deer antlers are widely used in China for dietary and medicinal purposes, and the market exceeds 3 billion RMB (about $412 million). They have been extensively studied for their ability to completely regenerate …
Hangzhou-based company Jimi Biotech claims it has successfully developed China’s first 100% cultivated chicken, made without using plant scaffolding. Jimi has also announced a new round of funding, invested exclusively by Shiwei Capital. The news comes just three months after the company secured funds in an angel round, after unveiling China’s first cultivated beef product. Jimi Evolution System Weichang Jiang, a partner at Shiwei Capital, said: “Although only three months …
Jimi Biotech, a company that states that it unveiled the first cultivated beef in China four months after it was founded, announces the completion of an angel round of RMB20 million (around $3 million) to accelerate cultivated meat production in the country. The round was led by Plum Ventures, and Fanqie Capital, and included Green Leaf Ventures and Joyvio Capital. Former Alibaba engineer and founder of NYSE-listed company Mogujie, Chen …
