In Brief Cultured meat company Memphis Meats has received a sizable donation from a number of investors, including Bill Gates and Richard Branson. Going forward, the company will use the money to improve the food quality, reduce costs, and potentially reduce greenhouse gas emissions. I Can’t Believe It’s Not Beef
Memphis Meats, a post-livestock meat producer, received a new $17 million donation from a slew of major American industrial powerhouses, including Microsoft founder Bill Gates, Virgin Group founder Richard Branson, and Cargill Inc, one of the largest agricultural corporations in the world. As of August 23, Memphis Meat has raised a total surpassing $22 million.
Some consumers prefer to know their meat comes from a familiar source, but lab grown meat may be the inevitable future of food. This isn’t a small-time one-off or fad. Another company called Beyond Meat is also proving the concept’s worth by creating great-tasting food without
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