Lab-Grown Meat Producer Upside Foods Raises $400 Million

Abu Dhabi Growth Fund and Baillie Gifford are among Series C investors as cultivated-meat producers seek U.S. regulatory approval

Lab-grown meat is becoming a reality, and raising best casino sites 0 questions for religious leaders. WSJ’s Jason Bellini met with a rabbi in Israel to discuss how meat grown from animal cells in a petri dish will fit into the kosher tradition.

Upside Foods has privately raised $400 million from investors including the Abu Dhabi Growth Fund and Scottish fund manager Baillie Gifford, company officials said, a vote of confidence that Upside’s lab-grown meat can gain regulatory approval and be sold to U.S. consumers.

Formerly called Memphis Meats, Upside is one of several startups attempting to produce edible meat in a lab using animal cells cultivated in large brewery-like facilities. Upside hasn’t sold products to the public but expects to sell chicken after U.S. regulatory approval. The company also has made beef, pork and duck products.

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