Start-ups that produce lab-grown meat and meat alternatives are gaining traction and raising money in global markets, matching a surge of assistance food tech companies are seeing in the United States.
New collaborations with global chains like McDonald’s in Hong Kong, the launch of test cooking areas in Israel and brand-new financing rounds for startups in Sydney and Singapore point to being plentiful opportunities in international markets for meat options.
In Hong Kong, fresh off a $70 million round of financing, Green Monday Holdings’ OmniFoods organization unit was tapped by McDonald’s to supply its spam replacement at places across the city.
The limited-time menu items featuring OmniFoods’ pork options show that the junk food chain remains willing to offer customers vegetarian and vegan sandwich alternatives– so long as they live beyond the U.S. In its house market, McDonald’s has yet to make any genuine initiatives around bringing lab-grown meat or meat replacements to customers.
Mentioning lab-grown meat, customers in Tel Aviv will now have the ability to attempt chicken made from a laboratory at the brand-new pop-up restaurant The Chicken, built in the old test kitchen area of the lab-grown meat producer SuperMeat.
The upmarket restaurant does not cost a thing: it’s totally free for consumers who want to evaluate the business’s mixed chicken patties made with chicken meat cultivated from cells in a laboratory that are blended with soy, pea protein or whey, according to the business.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.