Memphis Meats. Memphis Meats, which grows meat from animal cells, just got a huge endorsement from some big-named backers. Bill Gates, Richard Branson, Twitch cofounder Kyle Vogt, and Kimbal Musk — brother of Elon Musk — are among several high-profile backers of Memphis Meats, a San Francisco startup which develops meat from stem cells. A faux meat alternative food startup has successfully raised funding—with both Bill Gates and Richard Branson making a major contribution. Tyson Foods also invested in Memphis Meats in January 2018, with hopes of bringing it to a larger customer base. Bill Gates and fellow billionaire Richard Branson, always in perfect stride with the UN, have been investing in clean meat for years. Memphis Meat’s “clean meat” project was borne out of the “innovative spirit of Silicon Valley and the rich food traditions of the American south” and to use technology to shift … Bill Gates and Richard Branson back 'clean meat' growing startup Memphis Meats Shruti Date Singh Updated Aug 24, 2017 – 11.52am , first published at 11.46am Memphis Meats, a Silicon Valley clean meat startup funded by Bill Gates and Richard Branson, is experimenting with using Crispr to make its chicken and beef. Not only does this fledgling technology safeguard animal welfare, it also provides a solution to the sustainability and human health issues of raising livestock for meat. The company will use the Tyson funds for product development. Memphis Meats, which is backed by billionaires Bill Gates and Richard Branson, is developing a process that churns out beef, chicken and duck, without the need to raise animals for slaughter. With over $181 million in private funding from backers, including Richard Branson, Bill Gates, and meat industry giant Tyson Foods, many are expecting Memphis Meats to be the first company to successfully release a commercially-available cultured meat product. Branson and Bill Gates invest in ‘clean meat’ … Joining Gates in the company’s $17 million Series A round were a host of high net worth and venture capital investors, including Richard Branson, agricultural giant Cargill, Kimbal Musk and Fifty Years, which was an earlier investor in the firm. The cash infusion was led by DFJ Venture Capital, and included other big names, like Virgin But will customers flock to this new so-called “murder free” meat, or are Gates and Branson making a mistake in betting on a an under-tested technology with big claims and unknown effects on human health? In an unprecedented milestone, Cargill and other food industry giants invested in Memphis Meats as part of the round. A faux meat alternative food startup has successfully raised funding—with both Bill Gates and Richard Branson making a major contribution. Lab-grown food startup Memphis Meats raises $17 million from DFJ, Cargill, Bill Gates, others Tyson Joins Bill Gates, Cargill to Invest in Lab-Meat Producer By . Memphis Meats: Richard Branson predicts the world will no longer need to kill animals in 30 years. Memphis Meats, which has already produced beef, chicken, and duck directly from animal cells, received $17 million in its recent funding round, taking its total funding up to $22 million. TIP ME HERE https://streamelements.com/run2christlive/tip Tyson shut down many meat plants. You can roll your eyes and sigh. Just recently, the two famous figures placed a big-time bet on the self-proclaimed “clean” lab-grown meat company Memphis Meats, to the tune of $17 million. In January 2020, Memphis Meats raised a $161 million Series B. Memphis Meats, a startup company that has just raised $161 million, says it has a "clear path" to bringing cell-based meats to market. Memphis Meats claims it uses 1% of the land and 10% of the water typically required to raise livestock for consumption. While the terms were not disclosed, Tyson Foods investment represents a minority stake in the business. Memphis recently announced the end of its latest round of funding, which brought in a whopping $161 million in new investment, with contributions from Bill Gates… The investment adds to a string of high-profile backers for Memphis including Cargill Inc., Bill Gates, and Richard Branson. Bill Gates and Richard Branson invested in the round, as did Atomico, one of Europe’s largest VC firms. Memphis Meats is backed by Bill Gates, Richard Branson, venture capitalist Steve Jurvetson and others. The round was led by Softbank Group, Norwest, and Temasek. Major meat packer, Cargill was one of the contributors to the $17 million that the company obtained.Alongside Cargill, Bill Gates and Richard Branson also chose to invest in the company. Clean meat startup Memphis Meats has closed a $17 Million Series A round, which includes the likes of Gates, Branson, and Cargill. Tyson Foods joins a diverse group of investors in Memphis Meats, which includes industry leaders, top venture investors and mission-driven groups, such as DFJ, Atomico, Cargill, Bill Gates and Richard Branson. Memphis Meats are currently working on lab grown meats. Aleph Farms Also joining the round are new and existing investors including Richard Branson, Bill Gates, Threshold Ventures, Cargill, Tyson Foods, Finistere, Future Ventures, Kimbal Musk, Fifty Years and CPT Capital. Memphis Meats says Cargill’s interest follows funding from Bill Gates, Richard Branson and others Bay Area startup Memphis Meats says it has … Or just keep telling yourself that Bill Gates is your friend. Springdale, Arkansas-based Tyson has already put money into Beyond Meat, a U.S. company known for its plant-based burgers, part of a strategic shift for Tyson, which is the country’s largest meat … It’s okay. Yet the company and its … Major Meat Supplier Cargill, Bill Gates, and Richard Branson Invest in a Company Making Meat in a Lab! On August 23, Memphis Meats announced that they have now “ gained the support of a groundbreaking group of investors” including Bill Gates, Richard Branson, Kimbal Musk, and Cargill Foods. That will take it one step closer to selling its product, but it's still a … One of Silicon Valley's pioneers when it comes to cultured meat has announced a massive cash injection from an unlikely group of investors. A bullish Bloomberg predicts that synthetic meat revenues will reach $3.5 billion by 2026. Memphis Meats, an alternative meat startup, has recently finished a round of fundraising and they gained support from some big names. Fueling the quest to make meat … In 2017, Memphis Meats raised $17 million from venture capital firms like DFJ, tech giants like Tesla, SpaceX, Baidu, major food companies like Cargill and Tyson, and billionaires like Bill Gates and Richard Bronson. 5.5K Views 3 years ago. Memphis Meats has raised $17 million in Series A funding which increases their total funds raised to $22 million. Memphis Meats — a Bay Area-based startup that specializes in making “clean meat” — has just raised $17 million in a Series A round, with former Microsoft head honcho Bill Gates headlining its group of investors. by Jon Christian / March 09 2019 The company has raised a $17 million (£13.3 million) Series A round led by DFJ. It has the goal of researching and eventually providing “clean meat” to consumers to lessen the need for animal agriculture. Memphis Meats receives massive investment from Bill Gates; hopes to eliminate all animal slaughter within 30 years 08/31/2017 / By Jhoanna Robinson In just three years, you may be chomping down on a “lab burger” and putting gravy over a “test-tube chicken” if a new venture company has anything to say about it. bill-gates lab-grown-meat memphis-meats New patent: "One application is to manufacture skeletal muscle for dietary consumption." Memphis Meats has raised $17 million in Series A funding which increases their total funds raised to $22 million. Microsoft founder Bill Gates invests in lab-grown meat startup Memphis Meats. Memphis isn’t the only startup in Silicon Valley to attract entrepreneurs interest. Bill Gates has opted to ignore this reality, ... 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