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Invest in Progress

UPSIDE Foods: real meat, no slaughter

Apr 5, 2023
51:19

We speak to UPSIDE Foods about how it makes cultivated meat. The product is genetically identical to the much-loved meat you find central to global cuisine, but avoids animal slaughter and could benefit the environment.

In the final episode of Season 1, UPSIDE Foods’ co-founder and chief executive Uma Valeti tells Scottish Mortgage’s deputy manager Lawrence Burns how his firm developed a way to create meat without needing farmed livestock. They explore how the cultivation process works and discuss how a US regulator’s approval paves the way for the product to sell to restaurants and, eventually, supermarkets.

The two examine the implications for the broader $2tn meat industry and the potential for the business to enhance the health profiles of different meats using its innovative technology.

Valeti, a former medic, founded UPSIDE Foods in 2015. Almost a decade later, it takes stem cells from chickens and grows them in a controlled environment to create meat. The technology involved is species-agnostic. Fish, beef and other produce are on the company’s menu for future development.

UPSIDE Foods opened its first large-scale production facility in Emeryville, California, a couple of years ago. It is now seeking final US government approval to let it sell its chicken for public consumption.

Check the podcast description to ensure this content is suitable for you. Your capital is at risk.

Read more:

Op-ed: humans love animals but also love meat – Uma Valeti

FDA completes first pre-market consultation for human food made using animal cell culture technology

Credits:

  • Presenter: Claire Shaw
  • Audio production agency: Listen
  • Producer: Phil Sansom
  • Executive producer: Suzy Grant
  • Production manager: Niamh Kidd
  • Editorial lead: Malcolm Borthwick


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