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.
GFI: $27B in CAPEX Needed by 2030 to Meet Global Demand for Plant-Based Meat
As the demand for plant-based meat grows, we’re gonna need a whole lotta infrastructure investment to serve up all those patties and nuggets according to a new report from the Good Food...
