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Deal Dive: A cellular ag startup with a real moat

Cellular Agriculture, the process of growing agriculture products from cell cultures, is gaining momentum. The US FDA approved Upside Foods' and Good Meat's lab-grown chicken for sale in restaurants. However, Italy is working to ban lab-grown products. Stephanie Michelsen founded Jellatech, a startup that focuses on the cultivation of collagen as a byproduct of Cellular Agriculture. Jellatech recently raised $3.5 million in a seed round led by byFounders VC. The company stands out in the crowded cellular agriculture space by tapping into a larger opportunity beyond meat and seafood alternatives.

The post Deal Dive: A cellular ag startup with a real moat appeared first on Balanced News Summary.



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Deal Dive: A cellular ag startup with a real moat

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