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.
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Egg production accounted for much of the increase.
