Billionaires Bill Gates and Richard Branson have both invested in a start-up that wants to ‘revolutionize the future of food’.
The five-year-old startup said in January that it had raised another $161 million in a new round of financing with the latest round of fundraising led by SoftBank Group, Norwest and Temasek.
High profile backers have been pouring their money into ‘Memphis Meats’, a San Francisco-based company that is developing meat from stem cells.
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The start-up is part of a growing ‘clean meat’ movement which aims to produce a variety of lab-grown meat products using animal cells, and without having to actually feed or slaughter animals in the process.
Forbes reports: As socially-conscious investors, Gates and Branson likely saw a disruptive opportunity in Memphis Meats, which could not only capture share in the near trillion dollar global market for meat, but also create a new product that, according to Memphis Meats, arguably could be better for the environment, animals and public health.
Consider it an opportunity to make money and do good at the same time, wrapped together in a technologically-disruptive way.
“I’m thrilled to have invested in Memphis Meats,” Branson said in an email in response to questions from Bloomberg News. “I believe that in 30 years or so we will no longer need to kill any animals and that all meat will either be clean or plant-based, taste the same and also be much healthier for everyone.”
Alternative Food Production: A Growing Trend
Memphis Meats is seeking to meet consumer demand for meat that is organic, more sustainable, and less reliant on “feed, water and land.”
Memphis Meats says it can produce its products with only 1% of the land and 1% of the water compared to traditional meat producers.
“We’re going to bring meat to the plate in a more sustainable, affordable and delicious way,” Uma Valeti, M.D., co-founder and CEO of Memphis Meats, said. “The world loves to eat meat…However, the way conventional meat is produced today creates challenges for the environment, animal welfare and human health. These are problems that everyone wants to solve, and we can solve them by bringing this incredible group of partners under one tent.”
Gates and Branson were not the only investors to share in this vision.
Memphis Meats assembled a Series A roster that includes DFJ (which led the round and has invested in Skype, Tesla and SpaceX), Cargill, Suzy and Jack Welch, Kimball Musk (Elon Musk’s brother), Atomico, KBW Ventures, New Crop Capital, Inevitable Ventures, Fifty Years, Kyle Vogt (co-Founder of Twitch) and SOSV, among others.
Niamh Harris
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there are these things called cows that grow meat, and things called chicken, lambs, goats, fish, crab, lobster, turkey. no labs are needed.
People dont need to eat animals at all.
Whether or not people eat animals is NONE OF YOUR BUSINESS.
Pretty soon we will be eating our own dead or abortions, and not need to kill anything. we all ready inject abortions in our blood in vaccines.
Agreed https://uploads.disquscdn.com/images/ba53561cb4be5583502176bcb143a6fc4b2a369ef6e77b45ef1f9ac50d127219.jpg
Another Green scam! a dangerous scam! This fake meat is heavily polluted with glyphosate and other pesticides due to the GMO Frankenstein soybeans.. don’t eat it!
terrible, those who refuse eyes to see and ears to hear are doomed to a hard life of pain.
https://uploads.disquscdn.com/images/c908bf08872dbdffef338931b8cb440d8b2c4cc3a819b9e50175f6363e049dad.jpg
Humm Feed the Vegans, antifa, & libtards with it ??
Let them eat the Dickwitch https://uploads.disquscdn.com/images/756777731b30129618bd52e72eaab88047e5e1059d530d0fb10475b118b10b38.jpg
hahahahaha
fake money, fake meat, poison vaccines, what else do we have instore for us bottom feeders?
They say they want to reduce popukation but they make their wealth from excess people They only want to remove the weak or sick that aren’t profitable and they want to make white people the master race so they kill millions and millions of Africans who are their biggest threat .
Do you have proof concerning Africans?
Bill & Melinda Foundation Vaccinations in Africa ??
Reduce population by 15% ?? Surely you are not well informed ?? Georgia Guidestones instructions are, reduce population by 95% ?
I know, but that is what is coming out of Bill Gates mouth, and people won’t hear his quote.
Ever spoken to persons which answered to you ??
I know what you’re saying is the Truth, but I still don’t believe you, & don’t confuse me with facts, my mind’s made up ?
I wonder if Billy feeds his kids this FAKE MEAT? Bet not.
the only meat that satanist feeds his kids is his own. See satanic ritual abuse and generational satanism for more info
Made from aborted fetuses? Another Soylent Green solution? These guys are ghouls!
Best comment ever! The only meat those guys eat is human
my favorite thing about newspunch isnt the stories as most are fake crap, its the amazing people in the comment section! Jesus bless you all!
Rhe kess farms the more housing estates and the hundreds if billions of more people needing vaccines and mibikecohines and everything Pharoah knew the more poor the higher the pyramid and the closer to God the highest.
Why dont you have an edit button Thus is dusqus They have edit button on every other site .
Are they seriously trying to make us believe this is “organic”? I hope Richard Branson chokes on his lab grown meat.
Do they called it Soylent Green ??