All Updates

All Updates

icon
Filter
Regulation/policy
Industry news
UK invests GBP 1.6 million in regulatory sandbox for cultivated meat
Cell-cultured Meat
Oct 8, 2024
This week:
M&A
N-able acquires Adlumin for USD 266 million to strengthen cybersecurity offerings
Next-gen Cybersecurity
Today
M&A
Bitsight acquires Cybersixgill for USD 115 million to enhance threat intelligence capabilities
Cyber Insurance
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Generative AI Infrastructure
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Data Infrastructure & Analytics
Today
Product updates
Microsoft launches Copilot Actions for workplace automation
Foundation Models
Yesterday
M&A
Almanac acquires Gro Intelligence's IP assets for undisclosed sum
Smart Farming
Yesterday
Partnerships
Aduro Clean Technologies partners with Zeton to build hydrochemolytic pilot plant
Waste Recovery & Management Tech
Yesterday
Funding
Oishii raises USD 16 million in Series B funding from Resilience Reserve
Vertical Farming
Yesterday
Management news
GrowUp Farms appoints Mike Hedges as CEO
Vertical Farming
Yesterday
M&A
Rise Up acquires Yunoo and expands LMS monetization capabilities
EdTech: Corporate Learning
Yesterday
Cell-cultured Meat

Cell-cultured Meat

Oct 8, 2024

UK invests GBP 1.6 million in regulatory sandbox for cultivated meat

Regulation/policy
Industry news

  • The UK Government has allocated GBP 1.6 million (~USD 2.1 million) to create Europe's first regulatory sandbox for cultivated meat and seafood within the Food Standards Agency (FSA) and Food Standards Scotland (FSS).

  • The sandbox aims to accelerate the authorization process for novel proteins while maintaining safety standards, boosting regulators' scientific knowledge, developing guidance, and providing pre-submission consultations to companies.

  • The sandbox is part of broader efforts to streamline the approval process for regulated products, including cultivated meat, with the FSA planning to implement reforms by 2025 to address current delays in authorizations.

  • Analyst QuickTake: This investment marks the UK's second investment in 2024, demonstrating the nation's support toward cultivated meat production. In February 2024 , the UK awarded a GBP 500,000 grant (~USD 633,450) to CPI, MarraBio, and Aelius Biotech for a cultivated meat project. The UK Government had also invested GBP 12 million (~USD 14.9 million) in April 2023 toward the Cellular Agriculture Manufacturing Hub (CARMA) initiative that aimed to help British companies and scientists produce cultivated meat at scale.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.