INSUBCONTINENT EXCLUSIVE:
Memphis Meats, a developer of technologies to manufacture meat, seafood and poultry from animal cells, has raised $161 million in financing
from investors, including Softbank Group, Norwest and Temasek, the investment fund backed by the government of Singapore.The investment
Previous investors include individual and institutional investors like Richard Branson, Bill Gates, Threshold Ventures, Cargill, Tyson
Foods, Finistere, Future Ventures, Kimbal Musk, Fifty Years and CPT Capital.Other companies, including Future Meat Technologies, Aleph
Farms, Higher Steaks, Mosa Meat and Meatable, are pursuing meat grown from cell cultures as a replacement for animal husbandry, whose
environmental impact is a large contributor to deforestation and climate change around the world.Innovations in computational biology,
bio-engineering and materials science are creating new opportunities for companies to develop and commercialize technologies that could
replace traditional farming with new ways to produce foods that have a much lower carbon footprint and bring about an age of superabundance,
size strengthens confidence that this technology is here today rather than some far-off future endeavor
