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Future Meat Technologies raises $26.75 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.

Source: Future Meat Technologies raises $26.75 million | 2021-02-01 | Food Business News