When scaled to an industrial plant, SuperMeat's process is projected to produce 3 million kilograms (6.7 million lbs.) of cultivated chicken per year, equivalent to around 2.7 million chickens.

The 2,000-square-meter space contains customized research, production and office space to develop and produce cultivated fish products.

Demolish Foods is utilizing the Gen3 platform for developing its own products and for collaborating with partners to develop products.

By investing in the cultivated meat space, established brands are sending a signal to the market that it is a viable and growing industry.

The white paper addresses key challenges in cultivated meat production.

A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.

Cultivated meat and seafood will soon be taste tested under limited conditions in the country in nan agreement passed by the Dutch House of Representatives in 2022.

This expands the company’s line of cultured meat for the pet food market.

The company will use the fresh money to drive regulatory approval of its first products, expanding research work and initiating pilot production.

The company says its approach utilizes healthy, living animals and can produce more meat per cow.