Recently, Joes Future Food, a Chinese cell culture meat startup, completed A round of financing of more than 70 million yuan. Through this round of financing, the company will continue to integrate advantageous resources at home and abroad, improve production processes, reduce production costs, and build a pilot production line of cell culture meat products.
Joes Future Food is the first high-tech company in China to focus on the research and development of cell culture meat technology. The team has carried out the research on myoblast induction and differentiation of stem cells since 2009, created a new method for dry maintenance of stem cell culture in vitro, developed serum-free culture conditions containing 18 cofactors, and invented the cultured meat production mold containing microcolumn array. By successfully developing a serum-free medium with clear chemical composition, Joes Future Food will provide core technical support for the cost reduction and large-scale mass production of cell culture meat in the future. The company focuses on the technical breakthrough in the direction of alternative protein. The future technological breakthrough in this field is of great forward-looking significance for China and even the world to achieve carbon neutrality.
The company will further strengthen the construction of the core team, increase R&D investment and accelerate the industrialization process. The mission of Joes Future Food is to bring cell culture meat to the table and provide Chinese consumers with healthier, safer, and lower carbon meat products.