coming soon for the serfs, 'lab grown' meat....

Lab-grown meat just got another big vote of confidence. Tyson Foods’ venture capital arm announced Monday that it has secured a minority investment in Memphis Meats, the buzzy startup that grows beef, chicken and duck meat with animal cells and petri dishes, no livestock required. Tyson joins other high-profile investors in Memphis Meats including Bill Gates and Richard Branson.
Memphis Meats

Memphis Meats unveiled its lab-grown meatball in 2016.

The terms of the deal were not disclosed. San Francisco-based Memphis Meats unveiled a meatball grown in a lab in 2016, but has yet to commercialize a product. One big hurdle is the sheer cost of producing the meat - currently runs around $2,400 to produce a single pound of its meat, which is often called “cultured” or “clean.”

But a meat giant like Tyson, which sells about $30 billion a year of beef, poultry and pork, can help advise Memphis Meats on how to scale up. “We want to work with them to scale. Cost is the main focus for us,” Memphis Meats CEO and cofounder Uma Valeti told Forbes. “At the end point, it will be significantly cheaper than conventional meat.” Agribusiness conglomerate Cargill, the second-largest beef producer in the world, also invested in Memphis Meats in August 2017 (The dollar amount was not disclosed).

the rest:
https://www.forbes.com/sites/chloesorvino/2018/01/29/exclusive-interview-tyson-invests-in-lab-grown-protein-startup-memphis-meats-joining-bill-gates-and-richard-branson/#2c0a4b223351