Making meat on a budget

The cultivated meat industry has come a long way since Dutch scientist Mark Post debuted the first lab-grown burger in 2013. That burger cost an eye-popping $350,000 to make.

In the decade-plus since, more than 100 startups have taken the starting line in the race to bring cell-cultured meat to market at a much lower price point. And while many have succeeded in developing convincing products, production costs remain a challenging hurdle on the path to…