Just strikes a partnership to commercialize clean meat

December 12, 2018
Emerging Ecosystems in Agrifood and Health More...
12616 thumb square
by Harini Venkataraman
Very important

California-based startup Just announced a partnership with Japanese beef producer Toriyama and a distributor agreement with Awano Food Group to bring cultured Wagyu beef to the global market. Although Just is making a wise move by targeting Wagyu beef, which is currently sold at a premium price, the company still has a long way to go in establishing stable cell lines and scaling up production. As outlined in our recent report, the first product will be minced Wagyu beef, followed by beef steak owing to the technology challenges. Just had made previous announcements about bringing clean meat to the market, but has shown little progress thus far. Clients should keep tabs on Just's progress in achieving its commercialization milestones.

For the original news article, click here .

Further Reading

Kraft Heinz's venture arm leads $3.5 million seed round for animal-free dairy cheese startup New Culture

News Commentary | September 12, 2019

This is the second investment from Evolv Ventures since Kraft Heinz established the $100 million fund in October 2018, but it is the first into a deep‑tech startup. New Culture is looking to fill the void that Perfect Day can't: mozzarella cheese. It took Perfect Day five years to get to market – so... Not part of subscription

Microphyt raises $32 million in one of the largest financing deals made within the microalgae sector

News Commentary | July 15, 2019

The round was co‑led by Sofinnova Partners and Bpifrance. This is the largest deal we've seen for a microalgae developer since Lumen Bioscience's $13 million capital infusion in December 2017. As part of the funding, Microphyt will look to accelerate the development and scale‑up of 10 nutritional ... Not part of subscription

Firmenich builds off its longstanding partnership with Senomyx by acquiring the company

News Commentary | September 20, 2018

Senomyx desperately needed this acquisition given its financial woes, exhibiting a loss for the past three years despite the potential of its flavor technology platform. For Firmenich, despite losing its second‑place position in F&F market share after IFF acquired Frutarom for $7.1 billion in ... Not part of subscription