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Upside Foods, Inc. announced it raised $400 Million in an initial filing from an offering of $400 Million

May 05, 2022over 3 years ago

Amount Raised

$400 Million

BerkeleyFood And Beverage

Company Information

Company

Upside Foods, Inc.

Location

804 HEINZ AVE., STE. 200

Berkeley, California, United States

About

Based in Berkeley, CA, UPSIDE Foods (formerly known as Memphis Meats) is reimagining meat for the 21st century — delicious new sources of meat, fish, and poultry that also address environmental sustainability, animal welfare, and public health concerns. By cultivating meat directly from animal cells, without the need to raise or slaughter animals, the company released the world's first cultivated meatball in February 2016 and the world's first cultivated poultry in March 2017. In November 2021 it opened its Engineering, Production, and Innovation Center (EPIC), the most advanced cultivated meat production facility in the world. It aims to bring to the market delicious, real meat that is significantly better for the environment, animals, and public health, while claiming a share of the $1.4 trillion global market for meat. UPSIDE Foods has raised over $200 million, including a $186 million series B round.

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