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January 5, 2018       Share:    

Source: https://www.haaretz.com/israel-news/business/1.832716

Israeli Startup Nabs $3 Million to Develop Lab-Grown Chicken Meat

(The Marker-Ha'aretz) SuperMeat, an Israeli startup developing lab-made chicken meat, said Tuesday it had raised $3 million in seed funding and formed a strategic partnership with European poultry producer PHW. SuperMeat extracts cells from a live chicken and grows them into chicken cuts. "This process puts an end to the industrial need to mass produce animals for slaughter, while eliminating exposure to animal waste and food-borne illnesses," the company says. The new funding would help bring its chicken products to market within three years at a price similar to conventional chicken products.

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