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Upside Foods
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Upside Foods

https://www.memphismeats.com/
Last activity: 02.05.2024
Categories: MarketProductProductionFacilityFinTech
Our company was founded in 2015 on the belief that we shouldn't have to choose between the meat we love and a thriving planet. We’ve already produced many of the world’s cultured meat breakthroughs: World’s first cultured beef meatball in 2016 World’s first cultured chicken & duck in 2017 Largest Series B funding round to date in the category in 2020 But the biggest milestone is still to come: bringing cultivated meat to consumers. Our pilot plant facility is our first step towards commercial-scale production. Working alongside our regulatory partners, we hope to share our first products with consumers by the end of 2021. The US is going to be our first market, but our ambitions are global.
Mentions
109
Persons
1
Location: United States, California, Berkeley
Employees: 51-200
Total raised: $580.75M
Founded date: 2015
Founders name: William Clem, Ph.D.

Investors 11

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Funding Rounds 4

DateSeriesAmountInvestors
27.04.2022Series C$400M-
24.01.2020Series B$161M-
23.08.2017-$17M-
04.02.2016Seed$2.75M-

Persons 1

DateFirst NameLast NameTitleLinkedIn
-WilliamClem, Ph.D...Co-Founderlinkedin.c...

Mentions in press and media 109

DateTitleDescription
02.05.202410 startups achieving market success, and shaping our future food system (Sponsored)-
08.03.2024The Cultured Meat Market: Global and Regional Analysis, 2024-2033 - Global Market Projected to Soar to $3.81 Billion by 2033, Fueled by Sustainable Advantages and Growing Consumer Demand-
22.04.2022Cultivated Meat Maker Upside Foods Lands $400 Million Series C and $1 Billion Valuation4 Mins Read California-based cultivated meat company Upside Foods has announced $400 million in a Series C funding round, bringing its total funding to more than $600 million and its valuation to more than $1 billion—an industry first. The ...
21.04.2022‘Historic inflection point’ for cultivated meat: UPSIDE Foods closes $400m series C round to support commercial-scale plant with production capacity of tens of millions of poundsCo-founded by cardiologist Dr Uma Valeti in 2015, UPSIDE Foods recently opened an innovation center and pilot facility in Emeryville, CA, which can produce 50,000lbs of finished product a year, with a future capacity of over 400,000/lbs/yea...
21.04.2022Lab-Grown Meat Producer Upside Foods Raises $400 MillionUpside Foods has privately raised $400 million from investors including the Abu Dhabi Growth Fund and Scottish fund manager Baillie Gifford, company officials said, a vote of confidence that Upside’s lab-grown meat can gain regulatory appro...
17.12.2021Memphis Housing Authority Announces $70 Million Investment To Preserve 472 Units of Affordable Housing"We recognized that something had to be done to improve the quality of life for our residents," said Dexter Washington, Memphis Housing Authority CEO. "We partnered with BGC Advantage for their deep expertise in the Rental As...
09.12.2021MeaTech 3D : World's largest lab-grown steak unveiled by Israeli firmThe largest lab-grown steak yet produced has been unveiled by the Israeli company MeaTech 3D, weighing in at nearly 4oz (110 grams). The steak is composed of real muscle and fat cells, derived from tissue samples taken from a cow. Living bo...
27.09.2021In-vitro meat as a climate saver? 7 questions & answers about cultivated meatNow everyone is talking about it again, but only in a figurative sense: in-vitro meat, also known colloquially as laboratory meat. The reason: The actor Leonardo DiCaprio, known at least for many from the film “Titanic”, has invested in two...
12.05.2021Memphis Meats becomes UPSIDE Foods, plans to sell alt-chicken as first product this yearMemphis Meats, one of the pioneers of cell-cultured meat, has re-branded to UPSIDE Foods and announced its intention to sell chicken as its first product. The US company expects to be able to sell its UPSIDE chicken to consumers this year, ...
04.05.2021Barclays : The future of foodThe problem of how to feed a growing global population is far from new. But the pandemic has served to highlight challenges around food sustainability, food security and food poverty. The companies supported by Barclays' Unreasonable Impact...
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