CULT Food Science completes strategic investment into leading cell-based chocolate producer California Cultured
The food investment company joins Jim Mellon's Agronomics Limited in backing sustainable and ethical chocolate to counteract the mass global deforestation and child labor used to meet the demand for cocoa
CULT Food Science Corp. has diversified its cell-based food portfolio via an investment into cultured chocolate manufacturer, California Cultured Inc., Davis, Calif. The company uses cell culture technology to produce cocoa products like cocoa powder, chocolate and cocoa butter with the goal of creating sustainable and ethical chocolate for consumption around the world.
Alongside other capital allocators to the cellular agriculture industry, such as London Stock Exchange-listed Agronomics Limited, CULT supports California Cultured’s mission and is optimistic about the future of cell-based food production in chocolate and other major food categories.