News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets / New Technologies
on December 20, 2021

Tyson, ADM fund bid to bring cultivated meat to U.S.

Costs of the meat alternative continue to decrease, Future Meat Technologies said.

Future Meat Technologies raised $347 million in a series B funding round led by ADM Ventures, part of Archer-Daniels-Midland Co., and Tyson Foods Inc. The cultivated meat company plans to use the funding to build a U.S. production facility. 

The facility will house stainless steel fermenters to support the…

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