Product Code Database
Believer Meats, is a biotechnology firm which produces cultivated meat from animal cells. Based in United States, its main office is located in Chicago, while its primary production facility is operating in Wilson, NC. In November 2022, Future Meat Technologies rebranded to Believer Meats.
The company presented its cultured meat prototype to the public in 2019. In October 2019, it raised $14 million to build its pilot plant, and estimated that it could bring its products to the market in 2022. To achieve this, Future Meat stated in February 2020 that it sought to bring down the price of producing cultured meat to $10 per pound by 2022.
In January 2020, Quartz found around 30 cultured meat startups, and that Upside Foods, Eat Just and Future Meat Technologies were the most advanced because they were building pilot plants.
In June 2021, the construction of Future Meat's pilot plant in Rehovot was completed, and it entered into service. As of November 2021, the facility was capable of producing 500 kilograms of cultured meat per day, or 182,625 kilograms a year. That year it raised a Series B investment round of US$347M.
In December 2022, the company broke ground on a new factory in North Carolina. In 2024, the company partnered with GEA Group to co-develop cultured meat technologies.
In 2021, it reduced the production cost of a cultured chicken breast from US$7.50 to $1.70, and a cultured chicken to .
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