CULT Food Science Corp, an innovative investment platform with an exclusive focus on clean, lab-grown food that is advancing the development of novel technologies to provide a sustainable, environmental and ethical solution to the global factory farming and aquaculture crises, is pleased to announce that it has completed a strategic investment in Jellatech, Inc. (“Jellatech”), which is the world’s first cell-based collagen and gelatin ingredient company. Based in Raleigh, North Carolina, Jellatech was founded in 2020 by Stephanie Michelsen, who has been included on the Forbes 30 Under 30 list for 2022. Other prominent investors in Jellatech include Ryan Bethencourt’sSustainable Food Ventures as well as Big Idea Ventures, which operates a dedicated fund and accelerator for plant-based protein products.
Amazon Vegan Product Sales Increase by 61% in the UK
Amazon UK has reported that the number of vegan options available on its site has grown by 23% since 2020. Additionally, sales of plant-based products have increased by 61% year on year.
