Eat Just is out to make a major change in the way the world produces and eats meat. The most recent milestone in its mission is the historic regulatory approval it received in Singapore for cultured meat.
"This way of making meat is far and away safer," Josh Tetrick, co-founder and CEO of Eat Just, told Cheddar Monday. "It’s cleaner, and eventually it’s going to be more cost-effective."
Eat Just creates its cultured chicken — which Tetrick calls "no-kill meat" — using animal cells. Tetrick explained those cells can come from a biopsy or cell bank. The company identifies the nutrients needed to feed the cell, and then manufactures it in a bioreactor.
The new regulatory approval lets Eat Just sell its cultured chicken in Singapore as an ingredient in chicken bites.
But Eat Just has ambitions to eventually get into millions of restaurants. Tetrick said there’s no need to have both conventional and plant-based chicken options on the menu, just a cultured chicken option.
"It satisfies everyone," Tetrick said. "It satisfies people who are trying to eat [no meat] because they don’t want to take a life. It satisfies people who don’t want to contribute to exacerbating climate change. And it satisfies people who just like good old tasty fried chicken and don’t care about any of that stuff. That’s how we think we’re going to really change the food system."
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
U.S. sports betting is booming as NFL and college football fuel massive activity. BetMGM CEO Adam Greenblatt breaks down trends, growth, and what’s next.
With a merger this big, creators, studios, and theaters all face uncertain futures. Here’s what experts are worried about and what good could come from it.
With disengagement rising and hybrid work shifting, 'Everybody Matters' author Bob Chapman explains why treating people well could define the future of work.
We sat down with Ali Furman, U.S. Consumer Markets Industry Leader at consulting firm PwC to ask what trends she garnered from the initial data this year.