NEW TECH FOODS

Australian cultivated meat start-up Magic Valley is raising $3 million to support the construction of its first manufacturing facility.

Australia’s first official tasting of cultivated meat took place on Thursday 29 May at the New South Wales Parliament, with Magic Valley serving samples of its lab-grown lamb meatballs and pork dumplings to MPs and government officials.

UK cultivated meat company Ivy Farm Technologies has appointed Rebecca Wright as its new chief legal officer, as the company moves closer to regulatory approval for its cultivated Wagyu beef.

Alt-seafood start-up Efishient Protein has successfully developed its first plant-based prototype of a grouper fish fillet.

French cultivated food company Gourmey has received independent validation confirming that its production model can deliver cultivated meat at a cost-competitive scale.

US cultivated seafood producer Wildtype has begun serving its cultivated salmon at a US restaurant, following regulatory clearance from the Food and Drug Administration (FDA).

A new study by the James Hutton Institute and Norway’s Ruralis Institute for Rural and Regional Research has found that beef, lamb, milk and eggs are more exposed to market competition from lab-grown protein alternatives than pork and chicken.

UK-based cultivated meat company Meatly has announced key advancements in its production process, aimed at significantly reducing the cost of cultivated chicken.