source:giphy

Food technology company JUST, is ready for a small scale launch of their cell based chicken nuggets that will cost $50 PER nugget. The nuggets will be primarily cell based chicken blended with a small amount of JUST proprietary mung bean protein isolate.

The next challenge to get JUST’s $50 cell based chicken in your mouth = Regulation.

Andrew Noyes, Head of Global Communications, informed me via email, “We are working with regulators in several countries on a pathway to market although we have not disclosed which ones. We are prepared to make our first small-scale commercial sale of a chicken product and we have heard from restaurateurs who are interested in being among the first in the world to offer cultured meat on their menus.”

Advancements

🇩🇪German chemical company BASF (BFFAF:OTCMKTS) announced the launch of Prebilac, a dietary supplement containing: 2’-FL (2’-fucosyllactose), a component of Human Milk Oligosaccharides (HMO), complex carbohydrates that are naturally present in breast milk. https://cellbased.link/3d915

The ingredient was developed in partnership with biotechnology firm Glycosyn, using microbial engineering and cellular fermentation technology to produce 2’-FL without the need for actual breast milk.

Glycosyn has granted BASF the exclusive license of its HMO patent portfolio for gut health that extends beyond infant nutrition to gastrointestinal health as the ingredient has been demonstrated to be effective at improving digestion by strengthening the gut microbiome.

Investments

Agronomics Limited (LSE:ANIC) invested $500,000 in Shiok Meats, a Singapore-based company developing cell cultured seafood sourced from real animal protein. Shiok is focusing on shrimp to start, which will most likely be ground and integrated into a dumpling product rather than a whole structured shrimp.

The investment is in the form of a Convertible Loan Note that will be converted into Ordinary Shares once Shiok Meats completes a Series A funding round of which the company hopes to raise $10,000,000. Once the shares convert, Agronomics will receive 2.3% of the company currently valuing Shiok Meats right around $22,000,000. https://cellbased.link/b2782

