Meat Giant Tyson Foods Invests In Startup Growing Meat From Animal Cells

Meat Giant Tyson Foods Invests In Startup Growing Meat From Animal Cells

When a meat giant like Tyson Foods invests in a lab-grown startup like Memphis Meats, people pay attention.

Tyson Ventures announced earlier this week that it has secured a minority investment in the startup that is growing meat out of animal cells.

This is not the first time Memphis Meats makes headlines, though. The startup also has high-profile investors like Bill Gates and Richard Branson.

Memphis Meats’ mission is “to change the way meat gets to your plate,” with the goal to produce authentic meat without having to feed, breed and kill real animals. They aim to achieve this by developing a way to produce real meat in a lab from animal cells.

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When One Slaughterhouse Closes, a Window of Opportunity Opens

Photo Credit:  Daniel Acker / Bloomberg

Photo Credit: Daniel Acker / Bloomberg

For Northern California ranchers, a recent shutdown of a local slaughterhouse could actually have been a blessing in disguise. When Rancho Feeding Co., based in Petaluma, closed down last week for recalling 9 million pounds of beef because the product came from “diseased and unsound” animals, local ranchers feared they would now have to drive hours in order to get what they need.

However, it has recently been announced that Marin Sun Farms, which is known for its grass-fed beef, will be buying the slaughterhouse and turning it around for the better. Not only will Marin Sun Farms provide the cattle with better care to produce better quality, but owner Marin Sun Farms owner David Evans promises to provide everything from slaughter to sales, meaning cattle ranchers will no longer have to go through many steps to get their product salable. Read More