With Breakthrough $ 161M Series B Funding Round, Leading Cell-Based Meat Company Memphis Meats Aims to Bring Products to Consumers For the First Time

January 23, 2020 Memphis Meats

The leading cell-based meat, poultry and seafood company Memphis Meats has announced the close of a $161 million funding round. This breakthrough round marks the largest funding moment in the history of the cell-based meat industry, and will enable Memphis Meats to reach a historic milestone of bringing its products to consumers. In total, the company has raised more than $180 million.

Cell-Based/Cultured Meat, Poultry and Seafood Makers Form Coalition

Five cutting-edge food companies who are looking to bring cell-based/cultured meat, poultry and seafood to restaurants and retail shelves in the United States announced today they have formed the Alliance for Meat, Poultry & Seafood Innovation (AMPS Innovation), a coalition focused on educating consumers and stakeholders about their new industry and advocating for a clear path to market for their products.