Pluristem Therapeutics Inc (PSTI)

[Kronberg]

12.20.2021
REHOVOT, ISRAEL — Future Meat Technologies has raised $347 million(not lousy $7 m) in Series B financing co-led by ADM Ventures. Future Meat produces cultivated chicken, lamb, beef and pork.

“We are incredibly excited by the massive support of our global network of strategic and financial investors,” said Professor Yaakov Nahmias, founder and president of Future Meat. “This financing consolidates Future Meat’s position as the leading player in the cultivated meat.In addition to the Series B funding, Future Meat said it is now producing cultivated chicken breast for $7.70 per lb, down from nearly $18 per lb six months ago, surpassing its initial projections for cost reduction.

Additional investors in the latest round included Menora Mivtachim, S2G Ventures, Tyson Ventures, Manta Ray Ventures, Emerald Technology Ventures, ADM Capital (Cibus Fund) and Bits x Bites.

https://www.foodbusinessnews.net/articles/20271-future-meat-technologies-raises-347-million

or read this article, look at their bioreactors

https://www.bloomberg.com/news/articles/2021-06-23/meat-grown-in-bioreactors-is-coming-to-american-diners-next-year

Kaki and co needs several years if ever and a lot of money to catch up