fbpx
Print this page
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

Domestic Focus

OPINION: After hogging the media limelight for telling a NZ Chinese MP to "go back home", Winston Peters has decided to focus on a domestic issue - oil and gas drilling.

A No-Brainer

OPINION: With fuel prices soaring, one would have expected most farmers to be reclaiming excise duty on petrol.

Floating Farm Sinks

OPINION: The world's first floating dairy farm, once hailed as a vision of farming's future, is up for sale after seven years.

Make It Up!

PM Chris Luxon can't seem to buy a trick when it comes to the polls, particularly for his own approval rating as preferred Prime Minister.

Featured

Editorial: The Value of Credibility

OPINION: In politics, credibility is and should be big. It must surely rank higher than charisma, which is quite trite and superficial. Yet, voters nowadays are often wooed and influenced by how someone looks or talks at a superficial level. TV plays a huge role in this.

Kaikōura Families Get School Run Lifeline After Storm

Kaikōura families affected by July's severe storm have found a practical solution to a problem that's kept some children away from regular schooling for weeks: a washed-out section of Inland Kaikōura Road, which has stopped the local school bus from running its usual route.

National

Machinery & Products

Suzuki Launches Jimny Horizon

Suzuki New Zealand has announced the arrival of the latest version of its Jimny SUV, the Horizon special edition, a…