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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!
OPINION: Farmers won't get any credit for this from the daily media, so Milking It is giving the bouquets where they’re due.
OPINION: The Advertising Standards Authority’s 2024 report revealed that not only is social media rotting our brains, it is also taking a growing chunk of New Zealand’s ad revenue offshore.
OPINION: Forests planted for carbon credits are permanently locking up NZ’s landscapes, and could land us with more carbon costs, says the Parliamentary Commissioner for the Environment (PCE).
OPINION: NZ farming is built on hard work, but also on innovation, a lot of which came about thanks to a focused scientific effort over many decades.
OPINION: Should Greenpeace be stripped of their charitable status? Farmers say yes.
New Zealand’s dairy sector cannot expect India to be a market for all its dairy products.
Meat processor ANZCO Foods’ net profit has plunged on the back of lower market returns which squeezed margins and impacted business performance.
OPINION: Most people will be aware of the Government's plans to boost coal, oil and gas production to meet energy requirements.
AgriZeroNZ has entered a new partnership with Britain's national innovation agency, Innovate UK.
Twenty rural community hubs across New Zealand will receive $5,000 to upgrade their facilities having been selected as the winners of Rabobank's Community Hub Competition.
As the dairy industry prepares to celebrate its top achievers at an awards night this Saturday, attendees are being warned to be aware of protests planned outside the venue – Baypark Arena, Mount Mauganaui.
OPINION: Farmers won't get any credit for this from the daily media, so Milking It is giving the bouquets where…
OPINION: The Advertising Standards Authority’s 2024 report revealed that not only is social media rotting our brains, it is also…
