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Future Meat Technologies

Future Meat Technologies

An Israeli startup company that is working to make sustainable "animal-free" cell-based meat products available at the local level by adapting the distributed manufacturing model

OverviewStructured DataIssuesContributors

Contents

future-meat.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Cellular agriculture
Cellular agriculture
Plant-based meat
Plant-based meat
Cell-based meat
Cell-based meat
Alternative proteins
Alternative proteins
Meat
Meat
Plant-based products
Plant-based products
...
Location
Jerusalem
Jerusalem
Scottsdale, Arizona
Scottsdale, Arizona
Israel
Israel
B2X
B2B
B2B
CEO
Nicole Johnson-Hoffman
Nicole Johnson-Hoffman
Founder
Yaakov Nahmias
Yaakov Nahmias
Date Incorporated
2017
Number of Employees (Ranges)
51 – 2000
Email Address
contact@future-meat.com
Phone Number
+9727959009470
Full Address
10 Moti Kind St. Rehovot, Israel0
7014 East Camelback Road, Suite B100A, Scottsdale, AZ, 852510
Investors
Neto Group
Neto Group
ADM
ADM
Müller (company)
Müller (company)
Archer Daniels Midland Ventures
Archer Daniels Midland Ventures
0
Harrison Blue Ventures
Harrison Blue Ventures
ADM Ventures
ADM Ventures
Rich Products Ventures
Rich Products Ventures
Tyson Ventures
Tyson Ventures
...
Founded Date
2018
Total Funding Amount (USD)
389,950,000
Latest Funding Round Date
December 20, 2021
Competitors
GreenLight Biosciences
GreenLight Biosciences
CFO
‌
Moses Talbi
Former CEO
Rom Kshuk
Rom Kshuk
Latest Funding Type
Series B
Series B
COO
Gustavo Burger
Gustavo Burger
Country
Israel
Israel

Other attributes

Company Operating Status
Active
Strategic Partnerships
Megh Computing, Inc.
Megh Computing, Inc.
Latest Funding Round Amount (USD)
347,000,000

Future Meat Technologies is an Israeli startup opened up in 2017 by Dr. Yaakov Nahmias, the co-founder of another animal-free meat startup known as SuperMeat. Following the initial success of SuperMeat, Dr. Nahmias decided to branch out and begin his own independent startup that aimed to expand the accessibility to cell-based meat products in order to meet more local and even individual needs. It recently received over $2 million, funded in part by a collaborative grant between Israel and China and in collaboration with Israel's Modern Agriculture Foundation, and several other companies including chicken production giant Tyson Foods.

Cell-Based Meat Products

While there has been an interest in animal free meat products since the late 19th century, the major push for lab-grown meat came from NASA, in collaboration with Dutch researchers. NASA was interested in whether long term astronauts could grow meat products, rather than developing ways to transport and preserve sufficient amounts of meat to sustain astronauts on long tours in space. Their persistence and financial support led the way to the first peer-reviewed studies on meat culture, published in 2005, introducing new bioreactor techniques that carried studies of in vitro meat into the 21st century. One of their techniques would use thin, reusable polymer scaffolds to culture meat by seeding it with cells from a living animal. The other used a similar technique, but instead of a scaffold, it uses small edible beads that stretch with changes in temperature. These techniques marked the beginning of the great expansion of in vitro meat technologies of the 21st century.

Cost and Sustainability

Animal-derived meat products are a central part of diets around the world. People in more developed countries like the United States eat about 210 pounds of meat per year, while people in developing countries eat about 66 pounds annually, but that figure is rising. This growth in meat consumption is due, in part, to the decreasing cost of meat, however, this comes with consequences, including poorer animal welfare, antibiotic resistance and deforestation, and other negative environmental impacts.

Research suggests that using cultured meat rather than conventional meat would result in a reduced environmental impact, making it much more sustainable for the growing population. Other studies take into account the fiscal cost of animal meat consumption by comparing meat-based and plant-based diets. These studies estimate that if current trends of meat consumption continue, it could cost the United States between $197 billion and $289 billion per year by 2050. While it is difficult to say when cultured meat will be competitively priced with animal-derived meat, and although the cost is still substantial, it has come down significantly in the past few years, and is expected to continue this trend as the technology improves.

Future Meat Technologies
The propsoed workflow of Future Meat Technologies

The propsoed workflow of Future Meat Technologies

While there have been several other startups looking to make cell-based meat products, Future Meat Technologies is pursuing a more accessible model. Current models focus on replacing meat products on a large scale, but Future Meat Technologies is looking to put cell-based meat production into the hands of small businesses and eventually individuals. Company owner Yaakov Nahmias is looking to develop what he calls a distributive manufacturing model. This model aims to reduce the need for large scale facilities and enables small businesses (and ultimately even individual consumers) to produce small quantities of cell-derived meat in their own bioreactors using capsules containing the proprietary starter tissue and required nutrients produced by Future Meat Technologies. In addition to developing this technology, the Future Meat Technology will ultimately sell the capsules and the machine to "grow" the meat directly, to small businesses which can then retail it to the public.

The process from the point of capsule to piece of meat takes just 10-18 days. Dr. Nahmias compares this model to sending out proprietary seeds to farmers, and claims that his company is the only one with “a GMO-free, unlimited cell source capable of differentiating to both muscle and fat, growing in an ​[animal] serum-free, antibiotic free cultured medium.”

Current Cost Limitations of Cell-Based Meat Production

As previously mentioned, the current cost of the process to generate animal free meat products is generally understood to be too expensive for general consumption. The Dutch government has invested $2.4 million alone in a project that would cultivate pork from stem cells. However, Dr. Nahmias is optimistic about cost accessibility as the technology develops. The Future Meat Technologies capsule design mimics animal physiology using a dialysis circuit to recirculate the culture medium, eliminating ammonia and reducing consumable costs. Nahmias predicts that each production unit will ultimately cost around $300, and will be capable of producing clean meat for around $5 per kilogram.

Patents

Description
Status
Link
Date

Systems and methods for growing cells in vitro

Pending

https://patents.google.com/patent/WO2018011805A9/en?

7/11/2016

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Cell-Based Meat Patent Analysis Part 2: Future Meat

Robert Yaman

https://www.robertyaman.com/blog/clean-meat-patent-analysis-part-2

FM Technologies

https://www.future-meat.com

Tyson Foods backs Israeli startup to grow meat in the lab

https://www.reuters.com/article/us-tyson-foods-israel/tyson-foods-backs-israeli-startup-to-grow-meat-in-the-lab-idUSKBN1I31DP

May 2, 2018

US Patent Application for APPARATUS FOR CONTROLLING MICROFLUIDIC COMPONENTS Patent Application (Application #20150268668 issued September 24, 2015)

https://patents.justia.com/patent/20150268668

Yaakov Nahmias | MicroTissue Lab

https://www.nahmias-lab.com

References

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