UPSIDE Foods Becomes First Company in the World to Receive FDA Green Light for Cultivated Meat
UPSIDE Foods, formerly known as Memphis Meats, just announced it has received approval from the US FDA for its cultivated chicken, marking the first time in the world a company has received a No Questions letter from the US FDA for cultivated meat, poultry, or seafood. “Before entering the U.S. Market, the food must meet other federal requirements,” states the FDA document, meaning that market entrance is not yet granted …
ProVeg Webinar: Cultured Meat Communication 101
Food awareness organisation ProVeg International recently released a report on how the use of images impacts the public perception of cultured meat. On 13th October, ProVeg will be hosting a webinar discussing the findings of that report, which is based on a survey of 750 people in the UK. The webinar, titled Cultured Meat Communication 101, is aimed at those looking to gain a better understanding of who the early …
UPSIDE Foods Achieves Unicorn Status Following Largest Ever Fund Round in Cultivated Meat
UPSIDE Foods (previously Memphis Meats) announces a $400 million Series C round which included returning investors Cargill, Tyson Foods, and Bill Gates. UPSIDE says this is the largest round in the industry to date and brings its valuation to over $1 billion, thus achieving Unicorn status. The news closely follows Upside’s acquisition of Culture Decadence, producer of cultivated lobster. Pending regulatory approval, which is slated to take place in 2022, …
UPSIDE Foods Invites the Public Into “World’s Most Advanced Cultivated Meat Facility”
UPSIDE Foods, formerly known as Memphis Meats, has hosted a public tour of what it describes as “the world’s most advanced cultivated meat facility”. The company opened its 53,000 square foot Engineering, Production and Innovation Center (EPIC) in November, with the aim of being able to produce cultivated meat of any species. The facility was intentionally built within an urban community to increase transparency. Recognising that many consumers have concerns …
UPSIDE Develops ACF Cell Feed, Bringing “Tremendous Benefits” for Animals, Planet, and Consumers
UPSIDE, formerly Memphis Meats, announces a major milestone towards making real meat without animals. The company has developed ACF Cell Feed – a cell media that is 100% animal component free. Upside states this “breakthrough brings tremendous benefits for animals, the planet, and consumer”. Last year, operating as Memphis Meats, the company received investments in excess of $180 million, including a Series B round of $161 million — the largest …