The $280,000 Lab-Grown Burger Could Be a More Palatable $10 in 2 Years

Biotech Foods’ Vila said the company had sufficient funds up to 2021, the year it hopes to generate its first revenue, thanks to a capital injection from an unidentified investor.

Mosa Meat has meat processors Bell Food Group and Merck KGaA’s venture capital arm M Ventures among its investors.

In May food and agriculture group Cargill announced it had invested in cultured meat company Aleph Farms. ($1 = 0.8916 euros)