Magic Valley

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Investments & Finance

Australian Government Backs Magic Valley with $100K to Advance Cultivated Meat

Australian cultivated meat company Magic Valley has received a $100,000 grant from the federal government’s Industry Growth Program (IGP). The funding, part of a broader $400 million initiative, is intended to help startups expand into fully operational enterprises. Magic Valley is known for its animal component-free cultivated meat, produced using induced pluripotent stem cells (iPSCs). This technology enables continuous cell growth without the use of fetal bovine serum, something that …

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Magic Valley introduces new cultivated pork bao buns at public tasting

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Meat

Magic Valley’s Cultivated Pork Impresses with “Indistinguishable” Flavor at Tasting Event

Australian firm Magic Valley, a cultivated meat company at the forefront of scalable solutions, debuted a new product —cultivated pork bao buns — at a recent tasting at John Gorilla Café in Brunswick. The event brought together a wide range of attendees from different industries, all intrigued by future technology, advancements in food technology, and the alternative protein sector, according to the announcement. Magic Valley claims to have developed a scalable …

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From L to R: Andrew Gray, Director at Co-Labs; Paul Bevan, founder and CEO of Magic Valley; and Samuel Wines, co-founder at Co-Labs

From L to R: Andrew Gray, Director at Co-Labs; Paul Bevan, founder and CEO of Magic Valley; and Samuel Wines, co-founder at Co-Labs © Magic Valley

Company News

Magic Valley Partners with Co-Labs to Increase Production Capacity for Cultivated Meat

Australian cultivated meat company Magic Valley has announced that it will amplify its production by expanding its operations to an advanced pilot facility at Co-Labs, an innovation hub and co-working laboratory based in Melbourne. With this strategic decision, the company aims to increase its production capacity to 3,000-litre bioreactors, aiming to reach 150,000 kg of product annually. Additionally, according to the company, the new pilot facility will reinforce its dedication to sustainability by …

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Cultivated lamb

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Meat

Magic Valley and Biocellion Join Forces to Improve Bioreactor Tech for Large-Scale Meat Cultivation

Melbourne-based cultivated meat company Magic Valley announces it has signed a Memorandum of Understanding (MOU) with US company Biocellion SPC, a software developer and computer modeling company for life sciences, to drive advancements in bioreactor technology by researching cell behavior in these tanks. The ultimate goal is to scale up the production of cultivated meat to lower its prices.  “At Magic Valley, we are committed to revolutionizing the way meat is produced, with …

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Magic Valley develops cultivated premium pork made with FBS-free tech

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Meat

Magic Valley Unveils Cultivated Premium Pork Made with Signature FBS-Free Tech

After last year’s launch of a cultivated lamb prototype, Melbourne-based agrifood company Magic Valley announces the successful development of a cultivated premium pork product showcased in filled dumplings. Magic Valley’s lamb and pork prototypes are said to be developed “completely free” of fetal bovine serum (FBS) with the company’s signature breakthrough technology, unlocking an ethical and sustainable way of producing meat.   Cultivated pork milestone In a released statement, Paul Bevan, …

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Magic Valley

The Magic Valley team. © Magic Valley

Meat

Magic Valley Selected for SVG Ventures | Thrive Accelerator Following Cultivated Lamb Breakthrough

Australian cultivated meat company Magic Valley, producer of cultivated lamb, is among the ten startups selected for the latest cohort of the SVG Ventures | Thrive APAC Accelerator program. Aimed at growth-stage agrifood tech companies, the program is based in Melbourne and received almost 100 applications for the cohort. Participation will enable Magic Valley to access funding, mentorship, networking opportunities, training, and more. Magic Valley said it was excited to …

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