Aleph Farms Pursues Asia Expansion as Lab-Grown Meat Attracts Investments -- Market Talk
September 28 2021 - 7:11PM
Dow Jones News
1836 EDT [Dow Jones]--Aleph Farms will work with Thai Union and
CJ CheilJedang to expand in Asia as the lab-grown meat sector
continues to attract investments. Aleph said "both Thai Union and
CJ share our resolutions for achieving carbon-neutrality and
enhancing food security for all people of Asia and around the
world." Aleph said in July that it completed a $105M Series B
funding round, while last week Aleph and Mosa Meat reported
investments from Leonardo DiCaprio. In February, Aleph and its
research partner at the Technion in Israel revealed "the world's
first slaughter-free ribeye steak." On Monday, New Age Meats said
it raised $25M led by Hanwha Solutions, helping it proceed toward
launching "a variety of sausage products."
(josh.beckerman@wsj.com)
(END) Dow Jones Newswires
September 28, 2021 18:56 ET (22:56 GMT)
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