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Upside Foods Stock (UPFO)
Upside Foods is a cultured meat company that aims to produce pork and beef without the animal.
About Upside Foods Stock
Founded
2015
Headquarters
San Francisco, CA, US
Total Funding
208M
Industries
Software, Artificial Intelligence, Data and Analytics
UPSIDE Foods is a food technology company that develops and produces meat directly from animal cells in a process known as cellular cultivation. The company's primary offering is cultivated chicken, which has received regulatory approval for sale in the U.S.. The company's stated purpose is to provide an alternative to conventionally farmed meat to address sustainability and animal welfare concerns.
Upside Foods Press Mentions
Stay in the know about the latest news on Upside Foods
Texas banned lab-grown meat. What’s next for the industry?
technologyreview • Sep 13, 2025
The Download: Trump’s impact on science, and meet our climate and energy honorees
technologyreview • Sep 13, 2025
Lab-grown meat ban takes effect in Texas
thehill • Sep 12, 2025
🌾 CRISPR Self-Fertilising Wheat
news • Sep 06, 2025
Wildtype, Upside Foods Sue Texas for Banning Cultured Meats
foodprocessing • Sep 04, 2025
Investors in Upside Foods
Discover investors in Upside Foods stock and explore their portfolio companies
Upside Foods Management
Leadership team at Upside Foods
Co-Founder
Uma Valeti
Business Analyst
David Kay

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Upside Foods Key Facts
- Strategic Shift to Accelerate Commercialization: UPSIDE Foods has made a key operational pivot, choosing to significantly expand its existing EPIC (Engineering, Production, and Innovation Center) facility in California rather than immediately building its planned commercial-scale "Rubicon" plant in Illinois. This decision, announced in February 2024, is a more efficient and cost-effective way to achieve commercial scale and will allow the company to scale, learn, and iterate more effectively before a full-scale build-out.
- Proactive Public Relations and Regulatory Leadership: In the face of a state-level ban on cultivated meat, UPSIDE Foods hosted a "Freedom of Food" pop-up in Miami ahead of Florida's cultivated meat ban in July 2024. This proactive move highlights the company's commitment to public engagement and its role as a thought leader in the industry. It directly addresses regulatory challenges and reinforces a brand that is dedicated to advocating for its products and the broader cellular agriculture movement.
- Strengthening Leadership for Commercial Scale: In January 2024, UPSIDE Foods appointed a veteran clean-tech finance leader, Jeremy Hux, as its new Chief Financial Officer and also promoted a new Chief Supply Chain & Manufacturing Officer. These key executive appointments signal the company's strategic focus on financial discipline and its operational commitment to scaling production and building a robust supply chain to move towards commercialization.
- Financial and Operational Strain from Layoffs and Project Delays: In 2024, UPSIDE Foods initiated multiple rounds of layoffs, reducing its workforce by at least 26 employees. The company's CEO publicly cited "uncertain political, regulatory, and macroeconomic headwinds" as reasons for the cuts. This financial and operational restructuring, which also involved pausing plans for a large-scale production facility in Illinois, highlights the significant challenges of scaling a capital-intensive business in a difficult market.
- Ongoing Legal Battles and State-Level Bans: UPSIDE Foods is actively engaged in a lawsuit challenging Florida's state-level ban on the sale and distribution of cultivated meat. While the company secured a key first-round legal victory, the case is ongoing. This and similar legislation in other states pose a significant threat by creating a fragmented regulatory landscape and limiting the company's ability to operate in key markets, which could hinder its growth prospects.
- Technology and Commercialization Hurdles: While a leader in the space, UPSIDE Foods has faced a setback in commercializing its initial "whole-cut" product. The company has publicly acknowledged that its whole-cut product is not ready to scale in the near term and has shifted its commercialization strategy to focus on hybrid products, which are more suited for mass production. This change in strategy, along with the high cost and complexity of the technology, represents a major hurdle in achieving the company's ambitious goals.
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