Investments in cultivated meat were down significantly in 2023

Investors are blaming general risk aversion for the fall.

Money for cultivated meat is down significantly over the past three years.

In 2020, funding for cultivated meat start-ups peaked at $989 million, dipped slightly in 2022 to $807 million, and then took a sharp decline last year to just $177 million.

This comes as Finless Foods make big cutbacks to conserve cash, New Age Eats shuts up shop due to lack of funds, and Good Meat is being sued.

Investors are blaming general risk aversion for the fall.

Related Stories
From a $32 billion projected trade deficit to a drafted Farm Bill working in a deficit, here are the headlines most important to Rural Americans in June 2024.