Good Meat

the cultivated-meat division of Eat Just that secured FDA safety clearance in March 2023 and the first USDA label approval in June 2023, and cut its production cost by 90 percent between 2018 and 2022 while deploying 250,000-litre bioreactor designs.

Country
United States
FDA/USDA SFA
Coverage
CNEUUS
food-alt-protein
Regulatorsfdaefsamoa-china

Verifiable facts

FactValueSource
Funding$267 million total raisedc.parsers.vc · cultivateintel.com
Capacityup to 30 million pounds of meat per year for the planned U.S. large-scale facilityagrospectrumindia.com · foodnavigator.com
Regulatory approvalFDA safety clearance (March 2023) and USDA label and grant of inspection approval (June 2023)cultivateintel.com · goodmeat.co · reuters.com
Production siteAlameda, California (demonstration plant and headquarters)foodnavigator.com · goodmeat.co
Headcount51-200 employees medium confidencec.parsers.vc · discovery.patsnap.com
Revenueminimal revenue; company relies on investment capital medium confidencecellcorpaffairs.eu

Independent sources: agrospectrumindia.com · c.parsers.vc · cellcorpaffairs.eu · cultivateintel.com · discovery.patsnap.com · foodnavigator.com · reuters.com

Technologies
NameClusterRisk
Cultivated meatfood-alt-proteinMedium

Compiled by BIOECON from primary sources.

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