With a global population of 8 billion, current global food systems are strained in terms of providing a sustainable, healthy diet, particularly in our dietary preference for livestock-based food.
Cai Linton, Multus’ CEO, expresses his excitement in using the funding to propel innovation in novel ingredient discovery, intelligent formulation design, and food-safe growth media production for the affordable scale-up of the cellular agriculture industry. The tech facilitates genuine sustainable alternatives to intensive animal farming, benefiting cultivated meat producers, consumers, and the environment.
The cultivated meat industry is prepped for commercialization as regulatory approval in key markets could come this year. Upside Foods, a California-based cultivated meat producer, has already earned the FDA’s GRAS status. And just recently, California’s Eat Just Good Meat division received the first regulatory approval for serum-free media granted by Singapore Food Agency. The company’s cultivated chicken approved back in 2020, is presently the only cultivated meat approved for sale in the world.