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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
Food and Beverage, Sustainability
EquityZen's Take: The Real Fake Meat King
Time to brush off your 7th grade science books. Cells are the basic structural, functional, and biological unit of all known organisms. They are often called the "building blocks of life.” Organisms, such as plants and animals, wouldn’t exist without these cells.
Still following? That means that you need to sacrifice animals, which have cells, in order to have meat, right? Not necessarily. A company called Memphis Meats developed a way to create “clean meat” that doesn’t harm animals. Despite its name, the company is based out of Berkeley, CA.
Memphis Meats begins the process of creating its lab-grown meat by harvesting meat cells from livestock. The livestock isn’t killed in the process so consumers can feel good about what they’re eating. These cells are then fed nutrients so they can grow over a period of four to six weeks. Memphis Meats has compared the process to that of brewery, as opposed to a lab.
So how does lab-grown meat taste? Memphis Meats says “Most importantly, our meat is delicious! It's real meat, and life-long meat eaters immediately recognize it and enjoy it.” The company has already concocted meatballs, beef fajitas, as well as chicken and duck.
"It is thrilling to introduce the first chicken and duck that didn't require raising animals," Memphis Meats CEO Uma Valeti said. "This is a historic moment for the clean-meat movement.”
Upside Foods Press Mentions
Stay in the know about the latest news on Upside Foods
Upside Foods sues Florida over lab-grown meat ban
sbj • Aug 15, 2024
Leading Lab-Grown Meat Company Cuts Dozens of Jobs
wired • Aug 03, 2024
Upside Foods Lays Off 26 People in Wake of Florida Cultivated Meat Ban
foodprocessing • Aug 03, 2024
'Lab-Grown' Meat Maker Upside Foods Hosts Farewell Tasting in Miami Ahead of Cultivated Meat Ban in Florida
techtimes • Aug 03, 2024
UPSIDE Foods initiates new round of layoffs as state lawmakers take aim at cultivated meat
agfundernews • Jul 05, 2024
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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Trading Upside Foods Stock
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