CULT Food Science Corp. is celebrating a significant milestone as its venture arm, Jellatech, has been chosen to participate in the Bezos Earth Fund's new $30 million research center at North Carolina State University. This initiative, known as the Bezos Center for Sustainable Protein, is dedicated to the advancement of sustainable protein production through collaboration between academia and industry. The center will be a hub for developing new technologies, training the emerging workforce, and understanding consumer preferences for protein alternatives. Jellatech’s innovative work in producing animal-free, native collagen aligns with the center's mission to create environmentally friendly and affordable dietary proteins.
Mitchell Scott, CEO of CULT Food Science, emphasized the importance of this collaboration, stating, "Jellatech’s inclusion in the Bezos Earth Fund’s new research center is a testament to their pioneering work in cellular agriculture." He also highlighted the potential growth and value this partnership could bring to their shareholders, particularly in light of their recent Memorandum of Understanding with Jellatech to launch a line of collagen-enhanced pet foods.
As the only publicly traded company in Canada focused on cellular agriculture, CULT Food Science is positioned to lead in this field, driving innovation and expanding their reach in the food science sector.
Read more at Perishable News
Hurtado, Michele. “CULT Food Science Venture Arm Company Jellatech Included in New Bezos Earth Fund Research Centre at N.C. State - Perishable News.” Perishable News, 23 July 2024, www.perishablenews.com/meatpoultry/cult-food-science-venture-arm-company-jellatech-included-in-new-bezos-earth-fund-research-centre-at-n-c-state/. Accessed 9 Aug. 2024.
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