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.
For the cultivated meat industry, South Korea establishes a special regulatory-free zone
Quotes from World Bio Market Insights, May 30, 2024 The Gyeongbuk Cultivated Meat Initiative In an innovative move to propel the future of food technology, the South Korean government has taken a...
