Even after $1.6B in VC money, the lab-grown meat industry is facing ‘massive’ issues
Any goal that puts cultivated meat in big box grocery stores or on fast food menus in the 2020s is “unrealistic,” according to experts.
When Mosa Meat served up a first-of-its-kind, lab-grown hamburger in 2013, it cost over $300,000. Eleven years later, around 200 startups worldwide remain hopeful that growing meat from cells, rather than slaughtering animals, will one day be a major portion of our food supply.
Despite their optimism, such success is not a given. In 2024, the industry has hit such rocky times that multiple startups have been forced to scale back or close shop.
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