Cultivated meat is one step closer to becoming a commercial reality in America. Upside Foods on Nov. 16 received a greenlight in the form of a “No Questions” letter from the US Food and Drug Administration (FDA), indicating the agency accepts the company’s conclusion that its cultivated chicken product is safe to eat.
The cultivated meat company formerly known as Future Meat Technologies announced a rebranding and a change of name to Believer Meats, effective immediately.
Funding from the round will go toward Forsea’s development of cultured seafood alternatives and its first product, an eel meat replacement for use in dishes like kabayaki and sushi.
Hoxton Farms raised $22 million in a Series A round for a new pilot facility to produce cultivated animal fat. The 13,000 square-foot startup facility will operate in London.