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 and Protein Biotechnology R&D Center, which will open this year. JBS is the world’s second-largest pork producer and has over 170 locations in 7 countries. These additional resources are aimed to reduce the costs of cultivated meat and increase its profitability commercially.
CULT Food Science announces strategic investment in UK-based 3D Bio-Tissues Limited
Based in the UK, 3DBT aims to produce biological tissue material that can be used for many different purposes, including but not limited to cultivated meat, synthetic leather, and collagen production.