Nowadays puts its spin on plant-based nuggets

The latest company to attract venture capital is Nowadays, a company founded in San Francisco in 2020 as a Public Benefit Corporation by Max Elder and Dominik Grabinski.Elder told TechCrunch that the company raised $7 million in a seed round, touting it as “one of the highest seed-stage valuations in its category” — he declined … Read more

UPSIDE Foods bites into $400M round to serve cultivated meat later this year

Another company gobbling a large chunk of those meaty investment dollars for commercialization is UPSIDE Foods, which you might remember was Memphis Meats. The Berkeley-based company, making cultivated meat, poultry and seafood, took in $400 million in Series C funding, touting it as “the largest round in the industry to date.” Source: UPSIDE Foods bites … Read more

A deeper dive into plant-based meat sales in 2021

New U.S. retail data commissioned by the Good Food Institute and the Plant Based Foods Association from SPINS shows that plant-based food dollar sales grew six percent in 2021, three times faster than overall food sales, bringing the total market to $7.4 billion. In the past three years, total plant-based foods have consistently outpaced total … Read more

Upside Foods acquires cultivated seafood company

Cultivated meat company Upside Foods (formerly Memphis Meats) has acquired Cultured Decadence, a Madison, Wis.-based cellular agriculture company. Terms of the transaction were not disclosed. Founded in 2020 by John Pattison and Ian Johnson, two veterans of the lab-grown meat industry, Cultured Decadence uses cell culture and tissue engineering to create seafood, specifically shellfish products, … Read more

Agronomics Leads Pre-Seed Funding Round For Cultivated Wagyu Beef Producer Ohayo Valley

Investment company Agronomics, which has a focus on cellular agriculture, has led the pre-seed funding round for cultivated meat company Ohayo Valley.Ohayo is developing cultivated Wagyu ribeye steak, with plans to produce other beef products. The company was co-founded last year by Dr. Jess Krieger, who was previously the CSO at cultivated meat company Artemys … Read more

Upside Foods opens plant capable of making 50K pounds of cultivated meat a year

From the outside, there is nothing about Upside Foods’ new production facility and innovation center in Emeryville, California, that would signal it is a place where meat comes from.The 53,000-square-foot Engineering, Production and Innovation Center, abbreviated as EPIC, is in an urban area of the city, just northeast of San Francisco. An apartment building sits … Read more