According to The Wall Street Journal’s article, “Lab-Grown Poultry Clears First Hurdle at FDA”, the U.S. Food and Drug Administration declared Wednesday that it had “no questions” concerning Upside Food’s lab cultivated chicken. In a press release , Upside Foods CEO and co-founder Dr. Uma Valeti commented: “This is a watershed moment in the history […]

The Green Queen article “Ethical Pantry Staples Maker Voyage Foods Bags $36 Million To Accelerate CPG Aspirations” reports on a recent series A funding round led by UBS O’Connor and Level One Fund.

NPR recently got an inside look at cultivated meat company Upside Foods’ production facility, as reported in the article, “From science fiction to reality, ‘no kill’ meat may be coming soon”.  Upside Foods (IndieBio 02) extracts cells from animals and brews them in tanks, feeding them the nutrients they need to grow, including amino acids, […]

In its recent quarterly report (Q2 2022) on the foodtech sector, PitchBook identified SOSV as the most active VC investor in foodtech this year, citing scores of successful startups in SOSV and IndieBio’s portfolio. While the foodtech industry boomed amid the COVID-19 pandemic—especially e-commerce businesses that provided safe grocery and meal access—recent price inflation for […]

Green Queen announced Upside Foods acquires cultivated seafood company Cultured Decadence.

In “Joywell Foods raises $25M to bring sweet proteins to market,” TechCrunch reported the series B funding was led by Piva Capital, with participation from B37 Ventures, Global Brain Corporation, and existing investors Khosla Ventures, Evolv Ventures, Alumni Ventures, and SOSV.

Congratulations to Asterix Foods, an SOSV portfolio company and graduate of the IndieBio startup development program, on emerging on its $4.2 million Seed round led by CPT Capital, with participation from ReGen Ventures, SOSV, Grok Ventures, and the Israeli Innovation Authority. The funding will accelerate commercialization of Asterix’s radically simpler way to produce high-value bioactive […]

TechCrunch’s story “Upside Foods bites into $400M round to serve cultivated meat later this year” reported the blockbuster series C round, led by Temasek and the Abu Dhabi Growth Fund.

Chocolate is having a moment—or at least, the cocoa-free version is. With skyrocketing prices for cocoa amid extreme weather disruptions and increased scrutiny on sustainable (and ethical) harvesting practices, consumer and corporate demand is rising for tasty, cost-effective alternatives. IndieBio alum Voyage Foods has been delivering. Beyond its cocoa-free (and dairy-free) chocolate, the company also […]

It’s not every day that one of the world’s biggest creators steps inside a cultivated meat facility. Recently, Jimmy Donaldson (aka MrBeast) did exactly that. During a visit to SOSV / IndieBio portfolio company UPSIDE Foods’ California headquarters, Donaldson and his team got a firsthand look at how cultivated meat is made—and yes, they tasted […]