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Global funding in the cultured meat industry dropped by 75% in the last year. Singapore sees its chance to become a world leader, backing local and international firms. (restofworld.org)

submitted 2 months ago by Lugh@futurology.today to c/futurology@futurology.today

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[–] Wanderer@lemm.ee 0 points 2 months ago (1 children)

That's genuinely gutting.

I thought and still think this will absolutely revolutionise the world and cause repair of the environment. But it looks like the market doesn't have faith in this.

first lab-grown beef burger debuted in 2013 at a staggering $330,000, they still need to fall to under $10 per kilo — roughly a tenth of current costs — to be competitive in the mass market

The amount that has fallen, in that time, compared to the amount remaining seems like it isn't that much.

Hopefully we just a little jump in the industry enough to build some hype and get things rolling again.

[–] Philosofuel@futurology.today 1 points 2 months ago

there are still some major challenges though. Not insurmountable, but challenges nonetheless. One of the most interesting I found is that you need to protect the meat from bacteria and fungi. A animal has an immune system (and a host of antibiotics pumped in to them). A piece of meat growing in vat hasn't. But it does have optimal conditions for growth of bacteria. So you need a clean lab environment. That's possible, but very hard to scale up.

I think the hype was there, but now is the moment the industry needs to mature and make it work in a way.