Israeli cultured meat foodtech company SuperMeat has been piloting a farm-to-fork restaurant that serves a chicken menu based on meat cultivated on-site in a futuristic kitchen. The restaurant, called “The Chicken,” is located in the small city of Ness Ziona. From the outside, it looks like another building in the high-tech industrial area of the city, which is called “park of science.”
Israeli food-tech company Future Meat Technologies, which has developed innovative technology to produce cultured meat, has announced that it has opened the world’s first industrial cultured meat facility. The Rehovot-based company says that it has the manufacturing capacity to produce 500 kilograms of cultured products a day, equivalent to 5,000 hamburgers.
According to the report, alt-protein has accelerated faster than any other industry in Israel since 2018, with a 187% CAGR in investments. In 2020, the sector raised $114 million, eight times the investment capital raised in 2018, indicating growing momentum for sustainable alternatives to meat. The report maps out the entire ecosystem, revealing the tight web of support for startups in this space, including incubators, government bodies, academic institutions and traditional food producers, providing a ripe environment for continued innovation and growth.
For such a small country, Israel has a disproportionately high number of alternative meat startups – over 50, according to Nir Goldstein, the managing director of the Good Food Institute Israel. This should come as no surprise: Israel’s startup ecosystem frequently ranks among the best in the world. But there is ample support for alt-meat innovation in particular. “The market is so hot that we don’t know of any alt-protein startup that hasn’t been able to raise seed funding,” says Goldstein.
Israeli plant-based meat startup Redefine Meat announced today that it has closed a $29 million Series A round of funding. The round was led by Happiness Capital and Hanaco Ventures with participation from CPT Capital, Losa Group, Sake Bosch, and K3 Ventures. This brings the total amount raised by Redefine to $35 million.
Future Meat Technologies raised $26.75 million in funding through strategic partners. The funding enables Future Meat to scale up production and accelerate its R&D.The cultured meat producer said it will begin marketing its chicken breast to consumers and foodservice within 18 months. Food category players such as Tyson Foods, ADM, Müller Group and Rich’s Products Corp. all back the firm and it has capital investment from S2G Ventures, ADM Capital, Emerald Technology Ventures, Manta Ray Ventures and Bits x Bites.
Taking an alternative lab-based approach is Ness Ziona-based MeaTech, which is coupling expertise in the field of tissue engineering and 3D printing technology. While still some years from hitting supermarket shelves, the ambitious start-up is developing a system to print real meat and will produce its first samples later this year.
The Israeli biotech’s experiment is the first proof that meat can be grown in outer space. Aleph Farms created the meat using a 3D bioprinter developed by the Russian company 3D Bioprinting Solutions. The experiment has now opened the door to a future where astronauts can grow their own meat on space exploration missions.“Space is one of the most hostile and remote environments possible without resources available,” Didier Toubia, the CEO of Aleph Farms, told me. “We are showing that we can produce food without the reliance on local land and water resources.”