Canadian investment company CULT Food Science Corp. announces it has completed a strategic investment in Jellatech Inc., the world’s first cell-based collagen and gelatin ingredient company. Jellatech also counts Ryan Bethencourt’s Sustainable Food Ventures as a prominent investor. Jellatech, founded in 2020 by Stephanie Michelsen, who has been included on the Forbes 30 Under 30 list for 2022, closed a $2 million pre-seed fundraise last April. Stephanie’s sister Nikita is also operating in the cultivated arena, having recently launched new startup Pearlita, with a new research lab in Raleigh, NC to grow oysters from cellular agriculture.
World’s Largest Beef Producer Invests $100M in Cultivated Meat.
JBS, the world's largest beef and poultry producer, invests $100M into two cultivated meat projects in Spain and Brazil. This investment will provide a new facility in Spain and Brazil's first Food...
