The development of synthetic beef has been proposed as a pivotal study for a futuristic muscle development program in the medical field. Due to a proportionally increasing population and food demand, the food industry has developed a wide range of innovations.
Synthetic meat, also known as clean, cell-based, or cultivated meat, is made by extracting cells from an animal and growing them in nutrient media in a lab. Companies all over the world are racing to develop lab-grown meat and seafood.
Manufacturing a hamburger or chicken nugget is a complex and expensive process that is not yet commercially viable. So far, public opinion on cultured meat has been divided.
Prior research found that roughly two-thirds of respondents are willing to give it a shot. In the United States and Europe, those on the political left, urbanites, and those with higher levels of education are more likely to vote.
Jason Matheny popularized the concept of cultured meat in the early 2000s after co-authoring a paper. Which was on cultured meat production and founding New Harvest, the world’s first nonprofit organization dedicated to in-vitro meat research.
Cultured meat has the potential to address major global issues such as meat production’s environmental impact, animal welfare, food security, and human health.
Those on the political left, males, younger people, urbanites, and those with higher levels of education are the most accepting of this novel product in the United States and Europe.
Synthetic Meats
Interestingly, the meat was made from animal cells cultured in vitro. Tissue engineering techniques, which have traditionally been used in regenerative medicine, are used to create synthetic meat.
Jason Matheny popularized the concept of cultured meat in the early 2000s after co-authoring a paper on cultured meat production. And founding New Harvest, the world’s first nonprofit organization dedicated to in-vitro meat research.
Bill Gates and Synthetic Beef
Bill Gates has a grand plan to combat climate change. In an interview with MIT Technology Review. Microsoft co-founder and philanthropist Bill Gates recently proposed shifting beef consumption in wealthier countries to 100 percent.
Synthetic alternatives could significantly reduce carbon emissions in the long run. He emphasizes that innovation will make cutting or preventing emissions cheaper and more politically workable for every nation.
However, Gates responds to some criticisms that they have overly focused his climate prescriptions on “energy miracles” at the expense of aggressive government policies.
Gates wants governments to quintuple their annual investments in clean technology. This would amount to $35 billion over the next five years. Bill Gates wants rich countries to switch to 100% synthetic beef.
Lab-Grown Meat and Synthetic Beef Companies
We know the current method of growing and consuming meat to be highly unsustainable. The meat industry is a major contributor to global warming on our planet.
Aside from the constant production of methane by livestock in various locations around the world. The manure produced by these animals decomposes, releasing dangerous gases
As a result, it is now more important than ever to investigate alternative methods of raising and consuming meats around the world. Fortunately, science and technology have advanced significantly in recent years to provide us with a viable alternative.
In our article below, we look at the list of lab-grown meat companies that are leading the global meat revolution.
1. Israeli SuperMeat
Super-Meat was founded in Tel Aviv, Israel, to produce lab-grown chicken using in vitro cells. The brand intends to match the demand for chicken in their region with lab-grown variants.
Rather than the entire process of growing meats in farms in the traditional method. Super-Meat believes that their method can be used to grow chicken in their labs while reducing the burden on lands by 99 percent.
They also believe that growing meat in this manner will reduce water dependency by 90%. While eliminating the risk of salmonella and the need for any type of antibiotic.
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2. GOOD Meat
Eat Just manufactures GOOD Meat (which also makes things like plant-based egg products). For the time being, the company appears to be ahead of the majority of its competitors on this list.
The company’s cultured chicken was approved for sale in Singapore near the end of 2020. And they are also working with the FDA in the United States to develop a process for regulatory approval of cultivated meat.
3. Hong Kong Avant Meats
Avant Meats is a company that specializes in producing high-end and luxury synthetic meats. Their primary focus remains on the production of high-quality, safe, and sustainable fish products.
The use of cell technology enables the brand to produce premium meats without contributing to ocean depletion. It can also customize the meat they cultivate using cell technology. Also, they try to meet the needs of their customer.
This brand produces all of its meats in a controlled and clean environment. It allows the fish to be free of pollutants such as micro-plastics and other types of heavy metals.
4. Memphis Meats from San Francisco, California, USA
Memphis Meats has recently become a media darling due to the high-profile investors who are backing this project. This includes individuals such as Richard Branson, Bill Gates.
After successfully taste-testing some novel lab-grown meat recipes such as fried chicken, duck, and beef meatballs, the company first gained attention.
Their team is working hard to launch their first set of products in 2021–22, thanks to the $20 million funding they recently received.
5. Finless Foods
Finless Foods, a California start-up, is also working on developing cultured seafood products. It is currently attempting to develop cultured bluefin tuna.
Bluefin tuna is a costly and endangered species that cannot be farmed using aquaculture. There is an urgent need to develop an alternative.
They believe that developing cultured fish meat has several advantages over developing cultured mammals. This is because fish have a much lower body temperature than f or birds.
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Synthetic Beef Stock
Investing in lab-grown meat has become a hot topic for anyone looking ahead. With the impending climate crisis, lab-grown meat has the potential to change the world.
Currently, production costs are prohibitively expensive for retail. However, with the help of some big-name investors, the ultimate goal of becoming an everyday meat alternative is getting closer and closer.
A fortune or a high profile is required in many industries to be a private equity investor. Companies in emerging technologies, on the other hand, frequently welcome all types of investments and investors.
Alternatively, investors can choose to invest in a portfolio of cultured meat companies through venture capital funds. Investors Should Be Wary of Lab-Grown Meat Companies
1. UPSIDE Food
UPSIDE Food’s historic Series B funding round of US$161 million is not to be overlooked. This is clear evidence that investors such as Softbank Group, Norwest, and Temasek (backed by the Singapore government) have faith in the company.
Their celebrity investors include Richard Branson, Bill Gates, and Kimbal Musk. UPSIDE Foods created the world’s first cultured poultry in 2017, but it has yet to be released to the public. They now intend to sell in the United States in 2021.
2. MeaTech3d
MeaTech3D was the first lab-grown meat company in the United States to go public. Due to the limited availability of lab-grown meat stocks at the moment, this is naturally gaining attention from investors.
It is listed on the NASDAQ as ‘MITC.’ MeaTech3d can also be found on the Pink OTC exchange under the ticker $MEAT or $MTTCF. MeaTech3d is an Israeli startup that aims to create the world’s first lab-grown steak.
Their process involves 3D bio-printing and in-house produced bio-ink, with the end product having a texture and taste similar to traditional meat products.
3. Integriculture
Integriculture, which is based in Japan, is very interesting because they are working on several cultured meat projects.
Since producing the first lab-grown foie gras in 2017, they’ve worked to drastically reduce prices by utilizing FBS (fetal bovine serum) in their unique “CulNet System.”
Those interested in investing in lab-grown meat companies should also look into Integriculture’s ‘SpaceSalt’ project. SpaceSalt is a product that, in theory, will allow the general public to grow their own meat at home.
They intend to release lab-grown foie gras for retail in 2023 and for restaurants in 2021. The company has received a total of $10.1 million in funding since its inception in 2015, including $7.42 million in its most recent Series A funding.
People will always be extremely picky about what they eat. Regardless of the welfare and environmental benefits of cultured meat, the idea of your burger coming from a lab rather than a farm is strange and funny. I hope this article has helped you learn more about synthetic beef and meat.
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