Lab-Grown Meat Startup Believer Meats Shuts After USDA Approval & Lawsuit

Lab-Grown Meat Startup Believer Meats Shuts After USDA Approval & Lawsuit

3 Mins Read Israeli cultivated meat startup Believer Meats, which received US approval for its chicken this year, has ceased operations, a week after it was hit with a lawsuit over unpaid bills. Just over a month after becoming the fifth company to be allowed to sell cultivated meat in the US, Believer Meats has shut down. The unexpected decision was announced by the startup’s global HR and talent manager, Anne Schubert, who wrote on social medi…

Breaking: Believer Meats ceases operations, but 'setback' does not mean cultivated meat sector is doomed, insists AMPS

Cultivated meat startup Believer Meats—which is in the unique position of having both a large-scale production facility and regulatory approval to sell its wares in the U.S.—has ceased operations, its HR director has confirmed. In a LinkedIn post penned two days after AgFunderNews revealed that the company is being sued by a vendor for more than $34 million in unpaid bills, global HR & talent leader Anne Schubert explained: “After two years of b…