Funding flows

While venture funding has undoubtedly slowed — no single cultivated meat company netted more than $35 million in 2023, while previous years had at least two or three $100+ million mega investment rounds — there is still funding going into cultivated meat, including $177 million in 2023 about about $12 million in the first quarter of 2024. 

But whether VCs are making it rain or pinching pennies, not all meats are created equal. In fact, one type of meat clearly came out…