This article presents an overview of the 5 Biggest Lab Grown Meat Companies in 2023. For a detailed overview of the 16 Biggest Lab-Grown Meat Companies with insights into funds raised, read our article, 16 Biggest Lab-Grown Meat Companies.
5. TiNDLE
Funds Raised (USD Million): 100
TiNDLE has completed the third step of its growth plan and is now focused on improving efficiency and preparing for the fourth growth wave. The first step was to design the business model, test different markets, and launch in the three biggest markets in the world: the US, the UK, and Germany. All of this was accomplished in about two years, resulting in millions of consumers trying and loving TiNDLE. TiNDLE is preparing for the following primary phase of 2023 and will leverage the company’s learnings, infrastructure, trials, and presence to multiply its impact significantly.
4. Modern Meadow
Funds Raised (USD Million): 130
Modern Meadow, a biotechnology company, and BASF, a chemical company, have partnered to develop a revolutionary new material. This collaboration will combine Modern Meadow’s bio-fabrication expertise with BASF’s Ultramid® Ccycled® material to create a sustainable, animal-free material with exceptional performance capabilities. Modern Meadow’s Bio-VERA™ substrate integrates BASF’s Ultramid® Ccycled® solution and is powered by Modern Meadow’s Bio-Alloy™ technology. Combining post-consumer waste and bio-renewable technologies, this innovative material delivers a highly sustainable and luxurious material with exceptional performance capabilities.
3. Memphis Meats
Funds Raised (USD Million): 161
Memphis Meats, a leading cell-cultured meat company, has re-branded as Upside Foods to coincide with the launch of its first lab-grown meat product. To produce this sustainable meat at a large scale, Upside Foods has broken ground on a pilot plant in the San Francisco Bay Area. This first custom-built meat cultivation facility will produce, package, and ship cultured meat at a larger scale than any other company in the industry, all under one roof. The company’s pilot plant will be an international model for creating real, resource-efficient meat to cope with the demand expected to double in the next 30 years.
2. Eat Beyond
Funds Raised (USD Million): 200
Eat Just, a portfolio company of Eat Beyond is the world’s first company to have its lab-grown meat served in a restaurant in Singapore. Eat Beyond’s portfolio also includes two other cellular agriculture companies: TurtleTree Labs, which is developing the technology to produce the unique components of milk sustainably, recreating the total composition, functionality, and taste of milk; and SingCell, which offers a proprietary platform to enable global alternative meat companies to develop scalable processes for clean meat manufacturing.
1. Impossible Foods
Funds Raised (USD Million): 500
Impossible Foods creates realistic-tasting plant-based products, such as burgers and nuggets, using simple ingredients. It has partnered with major retailers and fast-food chains, including Burger King US. Recently, Impossible launched in the UK, where its Impossible Chicken Nuggets and Impossible Sausage Patties are now available at chains such as Patty&Bun, Chicken Cottage, and Halo Burger. During the pandemic, Impossible Foods launched its first direct-to-consumer online store, allowing anyone in the contiguous United States to order packages of its plant-based burger for direct home delivery.
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