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Memphis Meats has come a step closer to commercialising synthetic meat, thanks to a £13 million ($17 million) investment.
Venture capital firm DFJ, which previously backed Tesla, SpaceX and Skype, secured financial support for Memphis Meats from a groundbreaking group of investors.
This includes Microsoft mogul Bill Gates, Virgin entrepreneur Richard Branson and Cargill, one of the world's largest agricultural firms.
The 'clean meat' company has already produced beef, chicken and duck directly from animal cells, without the need to raise and slaughter animals.
In an email to Bloomberg, Branson said: 'I’m thrilled to have invested in Memphis Meats.
'I believe that in 30 years or so we will no longer need to kill any animals and that all meat will either be clean or plant-based, taste the same and also be much healthier for everyone.'
Venture capital firm DFJ, which previously backed Tesla, SpaceX and Skype, secured financial support for Memphis Meats from a groundbreaking group of investors.
This includes Microsoft mogul Bill Gates, Virgin entrepreneur Richard Branson and Cargill, one of the world's largest agricultural firms.
The 'clean meat' company has already produced beef, chicken and duck directly from animal cells, without the need to raise and slaughter animals.
In an email to Bloomberg, Branson said: 'I’m thrilled to have invested in Memphis Meats.
'I believe that in 30 years or so we will no longer need to kill any animals and that all meat will either be clean or plant-based, taste the same and also be much healthier for everyone.'