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 Vow, an Australian cultivated meat startup, has received regulatory approval from Hong Kong's Centre for Food Safety to sell its cultured meat products. The company will debut its cultured foie gras, called &quot;Forged Gras,&quot; at The Aubrey in Mandarin Oriental, priced at HKD 388 (~USD 50).
 
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 Forged Gras comprises 51% cultured Japanese quail cells combined with vegetable and herb-infused coconut oil, sunflower oil, and fava bean protein. The product is balanced with konjac, carrageenan, yeast extract for structure and flavor, and natural vegetable and fruit concentrates added for color.
 
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 The company claims its scalable production process will make the product accessible beyond scarcity limitations. Vow operates Factory 1, which can produce 30 tonnes of protein per year, and is developing Factory 2 with 100x higher capacity, making it one of the world's largest cultivated meat facilities.
 
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 Analyst QuickTake: 
 Earlier this year, Vow 
 <a href="https://sp-edge.com/updates/28149">
 secured
 </a>
 regulatory approval for its cultivated quail product, Quailia, from the Singapore Food Agency. With this latest development, the company joins the ranks of Eat JUST as the only two companies with approvals in multiple countries, marking a major milestone. 
 
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 <a href="https://www.greenqueen.com.hk/vow-cultured-meat-lab-grown-forged-foie-gras-hong-kong/">
 Green Queen
 </a>
 
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Cell-cultured Meat

ANALYST_QUICK_TAKE

<div>
 Vow, an Australian company specializing in cultured meat, has gained regulatory approval from Hong Kong's Centre for Food Safety to market its products. The company's cultured foie gras product, known as "Forged Gras," will be premiered at The Aubrey in Mandarin Oriental at a cost of HKD 388 (~USD 50).
 Forged Gras is made up of 51% cultured Japanese quail cells mixed with vegetable and herb-infused coconut oil, sunflower oil, and fava bean protein. The balance of the product includes konjac, carrageenan, and yeast extract to provide structure and taste with natural vegetable and fruit concentrates added for color.
 Vow states its production process is scalable, which will enable the product to be available beyond limitations of shortage. The company runs Factory 1, capable of producing 30 tonnes of protein annually, and is currently working on Factory 2, which will have 100x more capacity. This will make it one of the largest facilities for cultivated meat in the world.
 
</div> Analyst QuickTake: 
 Earlier this year, Vow <a href="https: 
//sp-edge.com/updates/28149"> secured </a> regulatory approval for its cultivated quail product, Quailia, from the Singapore Food Agency. With this latest development, the company joins the ranks of Eat JUST as the only two companies with approvals in multiple countries, marking a major milestone.

Vow receives approval to sell cultivated meat in Hong Kong

<div>
 Dutch company Meatable, which specializes in cultivated meat, has gained a strategic investment from Betagro Ventures. Betagro Ventures is the corporate venture Capital wing of Betagro PLC, located in Thailand.
 This funding will enhance Meatable's growth and facilitate its entrance into the Asian markets. Potential collaborative development projects in Asia could also be a result of this investment.
 </div> Analyst QuickTake: 
 Meatable has had an eventful year with several milestones. A few notable ones include the <a href="https: 
//sp-edge.com/updates/27850"> reduction </a> of meat production time to four days, <a href="https: 
//sp-edge.com/updates/28578"> hosting </a> the first approved cultivated meat tasting in the EU, and securing <a href="https: 
//sp-edge.com/updates/33935"> EUR 7.6 million </a> (~USD 8.5 million) in funding under the Innovation Credit program from the Netherlands Enterprise Agency.

Meatable secures investment from Betagro Ventures to expand in Asia

PROMINENT_CATEGORY

<div>
 Qkine, a UK-based growth factor manufacturer, has introduced a new range of food-grade proteins specifically designed for cellular agriculture applications. These proteins are produced under stringent food manufacturing HACCP guidelines, offering thorough documentation and traceability to buyers.
 The new line of food-grade growth factors is sourced from agriculturally pertinent species and created via a scalable and animal-free fermentation process. Product offerings are accompanied by in-depth quality analysis, raw materials traceability, allergen analysis, CoO, CoA, beta-lactam-free, and animal-origin-free certification for transparency and safety assurance.
 Qkine suggests that these growth factors will help businesses comply with regulatory standards set by agencies like the FDA and FSA. They also propose that their products could provide enhanced efficacy, owing to species-matched growth factors. To further increase accessibility, the company is cooperating with partners to achieve cost parity at higher production volumes.
</div>

Qkine launches food-grade growth factors for cellular agriculture

<div>
 An Israeli startup called Forsea Foods has achieved a record cell density of 300 million cells/ml in the cultured seafood industry by employing minimal growth media in cultivated eel production. This, the company says, is the highest recorded density so far.
 Forsea Foods utilises organoid technology in their operations, allowing them to create three-dimensional tissue structures without needing scaffolding. Benefits of this technique include simplier production processes, improved scalability, and a reduction in the need for expensive growth factors, which lowers overall production costs.
 The company expects this breakthrough to allow production costs to fall below traditional market prices. Forsea Foods is planning a commercial launch of its cultivated eel products by the year 2026.
</div> Analyst QuickTake: 
 In <a href="https: 
//sp-edge.com/updates/25775"> January 2024 </a> , Forsea Foods unveiled its cell-cultivated freshwater eel prototype and achieved working proof-of-concept, claiming it mimics the sensory qualities of a real eel. In <a href="https: 
//sp-edge.com/updates/30140"> June 2024 </a> , the company held a tasting event in Tel Aviv to showcase this product.

Forsea Foods achieves record cell density in cultivated eel production

<div>
 Cultivated meat company, SuperMeat, can produce 100% cultivated chicken at a cost of USD 11.79 per pound, equivalent to the price of premium US pasture-raised chicken. The company is now awaiting regulatory approval after having received a <a href="https://sp-edge.com/updates/21733"> Kosher Certification </a> .
 The production process includes a cell growth phase that lasts nine days, followed by a 45-day harvesting period. It uses embryonic stem cells to create muscle and fat tissues, with fat grown in 24 hours and muscle cells in four days. This process does not only need 80% less land than regular chicken farming but also has the capacity to produce three pounds of meat in two days.
 SuperMeat states that their technology can annually produce 6.7 million pounds of chicken, which is equivalent to 2.7 million chickens at an industrial scale. It promises a product that matches the cost, taste, and texture of premium chicken while being more sustainable and humane than traditional farming methods.
 
</div> Analyst QuickTake: 
 Cost parity is one of the leading roadblocks to the commercial launch of cultivated meats, along with other factors like taste and texture. This breakthrough will be crucial for commercializing SuperMeat's cultivated chicken products as well as expanding its current partnerships with <a href="https: 
//sp-edge.com/updates/9319"> PHW </a> , <a href="https: 
//sp-edge.com/updates/8997"> Ajinomoto </a> , and <a href="https: 
//sp-edge.com/updates/11867"> Migros </a> .

SuperMeat achieves price parity for 100% cultivated chicken

<div>
 Vital Meat, a French cultivated meat startup, hosted a product tasting event at Hue Restaurant in Singapore featuring their product, Vital Chicken. The attended by 30 participants comprising of investors and industry leaders saw Chef Jun Hao preparing a three-course menu incorporating Vital Chicken's, demonstrating its versatility and potential as a sustainable food option.
</div> Analyst QuickTake: 
 This tasting marks a significant step for Vital Meat, which anticipates <a href="https: 
//sp-edge.com/updates/24826"> approval </a> from the Singapore Food Agency to launch its product in the country. The company has also <a href="https: 
//sp-edge.com/updates/29598"> applied </a> for UK regulatory approval with the Food Standards Agency (FSA) and Food Standards Scotland, seeking permission to commercialize its cultivated chicken products.

Vital Meat partners with Hue Restaurant for cultivated chicken tasting in Singapore

<div>
 Tufts University Center for Cellular Agriculture (TUCCA) has secured a funding of USD 2.1 million from the Massachusetts Technology Collaborative (MassTech) and the Healey-Driscoll administration. These resources will be used to set up the Foodtech Engineering for Alternative Sustainable Technologies (FEAST) center.
 This funding aims to further cellular agriculture research at Tufts, paying particular attention to cultivated meat and other cell-based products. The infrastructure of the FEAST center will comprise advanced equipment and a test kitchen which will be used for prototyping and assessing cellular agriculture products.
 The implementation of the project is projected to generate 60 new job opportunities in Massachusetts's bioindustrial manufacturing sector. The funding has been allocated under the Massachusetts Manufacturing Innovation Initiative (M2I2) program, a collaboration between companies and institutions, dedicated to nurturing hard tech innovators by making investments in capital equipment.
 
</div> Analyst QuickTake: 
 TUCCA has previously collaborated with plant-based and cultivated meat companies to advance cell-based food development applications. In <a href="https: 
//sp-edge.com/updates/9432"> March 2022 </a> , it signed multiple agreements with Wanda Fish Technologies to expedite cultured seafood production. Additionally, in <a href="https: 
//sp-edge.com/updates/24824"> December 2023 </a> , it collaborated with Tender Foods under a grant from the National Science Foundation (NSF) to explore using cultivated cells to enhance the flavor, aroma, and nutrition of hybrid meats.

Tufts University receives USD 2.1 million in state funding to establish cellular agriculture center

<div>
 Czech-based company, Bene Meat Technologies, has announced the creation of its first cultivated burger patty for people to consume. The firm asserts that the burger will have a similar price to high-quality beef.
 The production of the burger involves a traditional cell cultivation method, which begins with obtaining cell tissue or sourcing from a cell bank. The company formulates its media recipes and machinery internally, thereby dodging costly ingredients and intricate procedures. The burger purportedly consists of nearly 90% cultivated beef cells, with the remaining made up of spices and less significant ingredients.
 According to Bene Meat Technologies, its dedication to cost-efficient and scalable production has helped it match the price of premium beef. Currently, the company is building a larger facility estimated to produce roughly 200 tons of their product annually, with completion expected in 2025.
 </div> Analyst QuickTake: 
 The price premium of cultivated meat products is a major consumer pain point deterring mass adoption. This has led companies to develop innovative cost-reduction methods such as FBS-free alternatives and novel production methods. In <a href="https: 
//sp-edge.com/updates/11598"> July 2022 </a> , SciFi Foods achieved an R&amp;D milestone that reportedly allowed the company to reduce the cost of growing beef cells by more than 1,000x and achieve price parity.

Bene Meat Technologies produces first cultivated burger at parity with premium beef

<div>
 Swiss deep tech startup Sallea has raised USD 2.6 million in a pre-seed funding round led by Founderful, with participation from Kost Capital. This is Sallea's first equity investment, with prior non-dilutive funding of USD 1.8 million secured through startup and research grants.
 The funds will be used to speed up product development, start pilot projects with cultivated meat companies globally, increase production capacity, form product co-development partnerships, and enhance development efforts.
 Sallea, established in 2023, creates a technology to produce precisely structured, edible, and porous 3D grids that act as scaffolds for growing textured whole cuts of meat and fish. These scaffolds allow manufacturers to customize the size, shape, and nutritional profile of the final products, solving the challenges of the cellular agriculture industry.
 
</div>

Sallea raises USD 2.6 million in pre-seed funding to develop edible scaffolds

<div>
 A federal judge rejected Upside Foods' plea for a preliminary injunction against a Florida law banning the production, sale, and distribution of cultivated meat. While Upside Foods' product may be protected by the Poultry Products Inspection Act (PPIA), it was adjudged it does not stop states from banning the sale of particular poultry products.
 Despite this disapproval, Upside Foods is planning to contest the judgement and carry on with its lawsuit. Before the implemented prohibition, the company had arrangements to sell the in-vitro meat in Florida, including selling at a Miami restaurant and proposals for collaborations with chefs that had to be suspended due to the newly enacted legislation.
</div> Analyst QuickTake: 
 Upside Foods filed this lawsuit in <a href="https: 
//sp-edge.com/updates/32587"> August 2024 </a> against Bill <a href="https: 
//sp-edge.com/updates/29008"> SB 1084 </a> . Due to this Bill and several others ( <a href="https: 
//sp-edge.com/updates/29358"> SB 23 </a> , <a href="https: 
//sp-edge.com/updates/29521"> SF 2391 </a> ), the US cultivated meat industry is at a standstill, with investor interest waning. Additionally, as observed in our Q3 <a href="https: 
//sp-edge.com/insights/34792"> AgriTech &amp; Food Tech quarterly </a> report, startups will seek countries with more conducive environments for their cultivated meat operations if this situation persists.

All Updates

Vow receives approval to sell cultivated meat in Hong Kong

Meatable secures investment from Betagro Ventures to expand in Asia

Qkine launches food-grade growth factors for cellular agriculture

Forsea Foods achieves record cell density in cultivated eel production

SuperMeat achieves price parity for 100% cultivated chicken

Vital Meat partners with Hue Restaurant for cultivated chicken tasting in Singapore

Tufts University receives USD 2.1 million in state funding to establish cellular agriculture center

Bene Meat Technologies produces first cultivated burger at parity with premium beef

Sallea raises USD 2.6 million in pre-seed funding to develop edible scaffolds

Federal judge denies injunction against Florida's cultivated meat ban

Cell-cultured Meat

Vow receives approval to sell cultivated meat in Hong Kong

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