NEW TECH FOODS

US-based B2B biotech business Jellatech has been selected to participate in the Bezos Earth Fund's new $30 million research centre at North Carolina State University (NC State).

Jellatech focuses on producing functional, native collagen without relying on animals. Its recent achievements include developing full-length, triple helical, bio-identical and functional human collagen from its proprietary cell line. This advancement marks a milestone in sustainable collagen production, offering a high-quality alternative to animal-derived collagen.

The Bezos Center for Sustainable Protein is an initiative funded by a $30 million grant from the Bezos Earth Fund. The centre aims to create a biomanufacturing hub for environmentally friendly, healthy, tasty and affordable dietary proteins. It will engage academic and industry partners to research, develop and commercialise new technologies, train the emerging industry workforce and understand consumer preferences for protein.

Mitchell Scott, CEO of Cult Food Science, stated: "Jellatech's inclusion in the Bezos Earth Fund's new research centre is a testament to its pioneering work in cellular agriculture. This collaboration is a significant step towards achieving our mission of creating sustainable and ethical alternatives to traditional animal-based products. It underscores the potential for substantial growth and value creation for our shareholders as we lead in this transformative field.”

He continued: “As the only publicly traded company in Canada focused on cellular agriculture, we see a tremendous opportunity in participating in initiatives like the Bezos Center. Our previously announced MOU with Jellatech to launch a line of collagen enhanced pet foods, stands to benefit from the advancements and insights generated by this collaboration. We are committed to driving innovation and expanding our reach in the food science sector."

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