Wednesday, 10 November 2021 10:55

Lab-grown fad

Written by  Milking It

In a classic case of promising big and delivering little, lab-grown 'meat' startup, Upside Foods, formerly Memphis Meats, has lost two key employees in recent weeks - co-founder Nicholas Genovese and vice president KC Carswell - as skepticism about the business model grows.

This is a company whose investors include billionaires Bill Gates and Richard Branson and raised $200 million in 2016 on the promise of delivering lab-grown meat by 2021. It is still awaiting US regulatory approval.

Milking It suspects the hype around lab-grown protein may prove to have been a lot of hot air!

More like this

Tough trade

OPINION: Known for serious trade negotiations with global politicians, top NZ trade official Vangelis Vitalis also knows how to crack jokes.

King's Honour stuff

OPINION: The release of the King's Birthday Honours list would normally be Milking It's cue to moan about how agriculture, the backbone of the economy, had again been overlooked.

Free speech

OPINION: The Free Speech Union is taking this one too far.

Drug survey

OPINION: New national data from The Drug Detection Agency (TDDA), a leading workplace drug tester, shows methamphetamine (meth) use is growing and making up a disproportionate share of nonnegative workplace drug test results.

Genuine Hipkins

OPINION: At the recent NZ Dairy Industry Awards, opposition leader Chris Hipkins made a surprise appearance.

Featured

National

Machinery & Products

Shearing legend hooked on CanAm

Sir David Fagan, world-renowned competitive sheep shearer with 642 shearing titles worldwide and a knighthood to his name, now runs…

50 years of tractor pull

This year, the Fieldays Tractor Pull, in association with PTS Logistics, mark a major milestone – 50 years of crowd-thrilling…

» Latest Print Issues Online

Milking It

Tough trade

OPINION: Known for serious trade negotiations with global politicians, top NZ trade official Vangelis Vitalis also knows how to crack…

King's Honour stuff

OPINION: The release of the King's Birthday Honours list would normally be Milking It's cue to moan about how agriculture,…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter