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In a classic case of promising big and delivering little, lab-grown 'meat' startup, Upside Foods, formerly Memphis Meats, has lost two key employees in recent weeks - co-founder Nicholas Genovese and vice president KC Carswell - as skepticism about the business model grows.
This is a company whose investors include billionaires Bill Gates and Richard Branson and raised $200 million in 2016 on the promise of delivering lab-grown meat by 2021. It is still awaiting US regulatory approval.
Milking It suspects the hype around lab-grown protein may prove to have been a lot of hot air!
OPINION: There's an outpouring of concern over the parlous state of one of our major industries.
OPINION: Food security is a sore point in the UK, as a direct result of its National Food Strategy, and there’s a lesson in this for other food producing nations like NZ: government meddling in farming is a very bad idea!
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird Ventures, and its products are no longer available in supermarkets.
OPINION: Synlait's financial woes won’t be going away anytime soon.
OPINION: Milking It believes a recent Employment Relations Authority ruling on the exploitation of three migrant workers from Indonesia highlights a trend in New Zealand – migrant workers being mistreated and oppressed by one of their own.
New Zealand actor Sam Neill has joined the Campaign for Wool NZ as an ambassador, lending his name and profile to educate and advocate for New Zealand strong wool.
Living labs that bring together expertise at locations around New Zealand are among potential solutions identified by researchers to help the country move towards a more climate resilient future.
The New Zealand Food Safety (NZFS) has started issuing annual reports, a new initiative to share information on consumer-level recalls with the public.
The chair of the Dairy Environment Leaders, the president of the North Otago Federated Farmers, and a herd health veterinarian are among those nominated for the Fonterra Dairy Woman of the Year award this year.
Winners of DairyNZ’s Sustainability and Stewardship awards in the Ballance Farm Environment Awards have their eyes firmly fixed on progressing a positive future for New Zealand dairy.
Troubled milk processor Synlait’s co-founder John Penno has stepped down from the board.
