“The industry raised just $226 million last year, a steep fall from $922 million in 2022.”
Global funding for cultivated meat fell 75% in a year, and several Silicon Valley startups have collapsed. Singapore’s government has committed some $230 million to alternative proteins, more than the whole industry raised last year. It is still the only country where you can buy the stuff in a shop. When the investors leave, the taxpayer becomes the lead investor.