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
Growth Energy CEO Emily Skor joins us to discuss the uncertain path for year-round E15 sales and the next steps as the issue heads toward a standalone House vote after it was stripped from the Farm Bill.
The new county maps show farm program payments are widespread, but payment design still produces very different outcomes across regions and crops. AgriSompo’s Brooks York joins us to discuss the role of crop insurance in supporting mental health.
Dr. Ernie Goss joined us to break down the latest Rural Main Street Index, discuss pressures on farm finances and equipment sales, and share expectations for the ag economy ahead.
The spending bill keeps animal health and traceability funding in place while trimming several other USDA accounts.
New farm payment rules allow LLC members to have separate limits, but some local FSA offices are still applying outdated policies, creating confusion for producers.
March brought better prices for several commodities, but rising fuel and feed costs kept margins under pressure.
