Turnover: 8.4 million EUR (2022)
Country: Israel
Aleph Farms is an innovative company that focuses on the production of lab-grown meat using cutting-edge technology to reduce environmental impact and meet the growing global demand for meat. The company was founded in 2017 and is based in Israel.
Aleph Farms' main goal is to produce lab-grown beef that is nutritious, sustainable and free of animal suffering. Some of the key numerical data concerning Aleph Farms include:
1. In 2019, Aleph Farms announced that it produced the first piece of lab-grown meat under microgravity conditions in space, demonstrating the feasibility of producing meat grown in extreme environments.
2. The company raised over $11.6 million in a Series A funding round in 2019, with investors including Cargill, M-Industry (the industrial arm of Migros, the largest supermarket chain in Switzerland) and VisVires New Protein.
3. Aleph Farms is committed to reducing the environmental impact of meat production, aiming to reduce farmland use by 95 percent, water use by 90 percent, and greenhouse gas emissions by 80 percent compared to traditional meat production.
4. Aleph Farms is at an advanced stage of development of its first commercial product, a lab-grown steak, with the goal of launching it on the market by 2022.
In summary, Aleph Farms is a company that focuses on producing lab-grown meat to reduce environmental impact and improve the sustainability of the food industry. With significant funding and promising results, the company aims to revolutionize the way meat is produced and consumed.
Studies mentioning this company
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