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Future Meat Technologies, new funding round of $ 26.75 million

The company cuts the costs of producing synthetic meat

Israel-based cultured meat company, Future Meat Technologies, has secured an additional $26.75 million in funding. The company has also announced that it has reduced the production cost of a cultured chicken breast to $7.50 and plans to market its products to consumers and restaurants within 18 months. Rom Kshuk, CEO of Future Meat Technologies, said: “Cost-efficient production has been a critical f...

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EFA News - European Food Agency
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