CULT Food Science Venture Arm Company Jellatech Included in New Bezos Earth Fund Research Centre at N.C. State

Jul 24, 2024

TORONTO,  CULT Food Science Corp. ("CULT" or the "Company") (CSE: CULT) (OTC: CULTF) (FRA: LN00), a disruptive food technology platform pioneering the commercialization of lab grown meat and cellular agriculture to reshape the global food industry, is pleased to announce that its venture arm company, Jellatech, has been selected to participate in the Bezos Earth Fund's new $30M USD research center at North Carolina State University (N.C. State). The new Bezos Center for Sustainable Protein aims to advance innovation in sustainable protein production.

Key Takeaways:

  • Jellatech joins the Bezos Center for Sustainable Protein at N.C. State to drive forward cellular agriculture research.
     
  • The new $30M research center will foster collaboration between academia and industry to create sustainable protein alternatives.
     
  • Jellatech's innovative approach to producing functional, native collagen without animals aligns with the center's mission.
     
  • CULT Food Science was an investor in Jellatech's pre-seed round and previously announced a partnership with Jellatech to launch a line of collagen enhanced pet foods.

The Bezos Center for Sustainable Protein, launched today at N.C. State, is a major initiative funded by a $30 million grant from the Bezos Earth Fund. The center aims to create a biomanufacturing hub for environmentally friendly, healthy, tasty, and affordable dietary proteins. It will engage academic and industry partners to research, develop, and commercialize new technologies, train the emerging industry workforce, and understand consumer preferences for protein.

Founded by Stephanie Michelsen, Jellatech focuses on producing functional, native collagen without relying on animals. Their recent achievements include developing a full-length, triple helical, bio-identical, and functional human collagen from their proprietary cell line. This advancement marks a milestone in sustainable collagen production, offering a high-quality alternative to animal-derived collagen.

Source : Newswire.ca
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