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'''Memphis Meats''' is a [[food technology]] company headquartered in [[San Francisco]] aiming to "remake modern animal agriculture" by growing [[cultured meat]].<ref name="The Wall Street Journal">{{cite web|last1=Bunge|first1=Jacob|url=https://www.wsj.com/articles/sizzling-steaks-may-soon-be-lab-grown-1454302862|publisher=The Wall Street Journal|accessdate=4 February 2016|title=Sizzling Steaks May Soon Be Lab-Grown}}</ref> The company was founded by three scientists: Uma Valeti ([[CEO]]), Nicholas Genovese ([[Chief Scientific Officer|CSO]]), and Will Clem.<ref name="Memphis Meats">{{cite web|url=http://www.memphismeats.com/the-team/|publisher=Memphis Meats|accessdate=4 February 2016|title=The Memphis Meats Team}}</ref> Valeti is a cardiologist and medical professor at the [[University of Minnesota]].<ref name="The Wall Street Journal" /> |
'''Memphis Meats''' is a [[food technology]] company headquartered in [[San Francisco]] aiming to "remake modern animal agriculture" by growing [[cultured meat]].<ref name="The Wall Street Journal">{{cite web|last1=Bunge|first1=Jacob|url=https://www.wsj.com/articles/sizzling-steaks-may-soon-be-lab-grown-1454302862|publisher=The Wall Street Journal|accessdate=4 February 2016|title=Sizzling Steaks May Soon Be Lab-Grown}}</ref> The company was founded by three scientists: Uma Valeti ([[CEO]]), Nicholas Genovese ([[Chief Scientific Officer|CSO]]), and Will Clem.<ref name="Memphis Meats">{{cite web|url=http://www.memphismeats.com/the-team/|publisher=Memphis Meats|accessdate=4 February 2016|title=The Memphis Meats Team}}</ref> Valeti is a cardiologist and medical professor at the [[University of Minnesota]].<ref name="The Wall Street Journal" /> |
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The company received major press coverage in February 2016 when they revealed the "world's first cultured meatball."<ref name="The Wall Street Journal" /><ref name="Fox News">{{cite web|url=http://www.foxnews.com/leisure/2016/02/03/world-first-lab-grown-meatball-revealed/|publisher=Fox News|accessdate=4 February 2016|title='World's first' lab-grown meatball revealed}}</ref><ref name=Fortune>{{cite web|url=http://fortune.com/2016/02/02/lab-grown-memphis-meats/|publisher=Fortune|accessdate=4 February 2016|title=You Could Be Eating Lab-Grown Meat in Just Five Years}}</ref> |
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As of February 2016, it cost the company $18,000 to produce one pound of in-vitro beef, but the company expects to scale the process up and sell to consumers within five years.<ref name="Fox News" /><ref name="Fortune" /> It is also experimenting with stem cells from pigs and chickens.<ref name="Fox News" /> Valeti claims that his product will be more sustainable than beef derived from butchering an animal, which requires 23-to-1 ratio of Calories used to Calories produced. Valeti claims that the company's process will reduce the ratio to 3-to-1. He also claims it will require 90% less water and land.<ref name="Fortune" /> As of February 2016 the company was closing a $2 million seed round.<ref name="Fortune" /> In November 2016, they sought to lower the number of animals killed for food for thanksgiving.<ref>{{cite web |url=https://www.yahoo.com/tech/your-future-thanksgiving-turkey-could-be-made-in-a-lab-211938805.html |title=Memphis meats wants to lower the number of animals killed for food for thanksgiving |last= |first= |date=24 November 2016 |website=[[Yahoo Tech]] |access-date=24 November 2016}}</ref> |
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==References== |
==References== |
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Revision as of 17:09, 26 March 2017
| A white M on a red square with "Memphis Meats" below | |
| Company type | Privately held company |
|---|---|
| Industry | Food technology |
| Founders | Uma Valeti, Nicholas Genovese, Will Clem |
| Headquarters | , U.S. |
| Website | memphismeats |
Memphis Meats is a food technology company headquartered in San Francisco aiming to "remake modern animal agriculture" by growing cultured meat.[1] The company was founded by three scientists: Uma Valeti (CEO), Nicholas Genovese (CSO), and Will Clem.[2] Valeti is a cardiologist and medical professor at the University of Minnesota.[1]
The company received major press coverage in February 2016 when they revealed the "world's first cultured meatball."[1][3][4]
As of February 2016, it cost the company $18,000 to produce one pound of in-vitro beef, but the company expects to scale the process up and sell to consumers within five years.[3][4] It is also experimenting with stem cells from pigs and chickens.[3] Valeti claims that his product will be more sustainable than beef derived from butchering an animal, which requires 23-to-1 ratio of Calories used to Calories produced. Valeti claims that the company's process will reduce the ratio to 3-to-1. He also claims it will require 90% less water and land.[4] As of February 2016 the company was closing a $2 million seed round.[4] In November 2016, they sought to lower the number of animals killed for food for thanksgiving.[5]
References
- ^ a b c Bunge, Jacob. "Sizzling Steaks May Soon Be Lab-Grown". The Wall Street Journal. Retrieved 4 February 2016.
- ^ "The Memphis Meats Team". Memphis Meats. Retrieved 4 February 2016.
- ^ a b c "'World's first' lab-grown meatball revealed". Fox News. Retrieved 4 February 2016.
- ^ a b c d "You Could Be Eating Lab-Grown Meat in Just Five Years". Fortune. Retrieved 4 February 2016.
- ^ "Memphis meats wants to lower the number of animals killed for food for thanksgiving". Yahoo Tech. 24 November 2016. Retrieved 24 November 2016.