Wednesday, November 5, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Aleph Farms launches cultivated steak pilot production

by Shani Ashkenazi
February 19, 2022
in Business
Reading Time: 2 mins read
A A
0
Home Business
Share on FacebookShare on Twitter



Aleph Farms launches cultivated steak pilot production

Israeli cultured meat firm Aleph Farms has introduced that it has moved into its new headquarters in Rehovot. The brand new 6,000 sq. meters facility, at an funding of NIS 40 million, will increase the corporate’s operations six-fold, and can enable Aleph Farms to launch pilot manufacturing for cultivated steaks, construct an R&D heart to reinforce its technological capabilities, and progress in direction of worldwide advertising of its domesticate steaks in direction of the top of 2022, topic to regulatory approval.

Aleph Farms is within the forefront of the world’s cultivated meat sector, producing meat from dwell animal cells, with out genetic engineering. Final yr the corporate raised $105 million – one of many greatest financing rounds accomplished in Israel’s food-tech sector.

The brand new facility will enable Aleph Farms to provide 10 tons of cultivated minute steak (skinny beef slices) – its first product – and speed up its efforts to realize regulatory and advertising approval. The corporate will optimize processes in direction of bigger scale manufacturing services that are set to be constructed throughout 2022-2024.

Aleph Farms VP manufacturing and operations Eyal Rivlin mentioned, “Aleph Farms workforce is obsessed with altering the world round us, one chew at a time. Our new facility permits us to scale our manufacturing capabilities and launch restricted portions of our steak across the finish of the yr, pending regulatory approval. We’ve labored onerous to get right here, and it’s thrilling to see the infrastructure that may assist convey our imaginative and prescient to life.”

The brand new facility is situated close to the corporate’s present workplace in Rehovot, Israel’s biotech hub and it’ll quickly home greater than 100 of the corporate’s employees. In Israel alone, Aleph Farms has almost doubled its workforce during the last yr.

Aleph Farms mentioned that the brand new facility lays the inspiration for Aleph Farms to launch a brand new division referred to as Aleph Frontiers, an incubator of innovation that may function a pipeline for brand new merchandise whereas additionally validating new ideas for product improvement. Aleph Farms VP R&D Dr. Neta Lavon, who was not too long ago promoted to CTO, is main the enlargement of Aleph Farms’ technological platform for various kinds of cell-cultured merchandise and also will function the top of the Frontiers Division.

Dr. Lavon mentioned, “We’re dedicated to driving influence via innovation. That is why now we have been hyper-focused on creating essentially the most superior expertise within the cultivated meat business. Increasing our R&D footprint on this new facility will assist us drive thrilling new developments for the sphere of cultivated animal merchandise.”

Printed by Globes, Israel enterprise information – en.globes.co.il – on February 17, 2022.

© Copyright of Globes Writer Itonut (1983) Ltd., 2022.




Source link

Tags: AlephcultivatedFarmsLaunchespilotproductionsteak
Previous Post

Cryptocurrency Trading Platform Uphold Reshuffles Top Brass

Next Post

Book Review: How Novelty and Narratives Drive the Stock Market

Related Posts

Clean Energy Fuels Corp. (CLNE) Q3 2025 Earnings Call Transcript

Clean Energy Fuels Corp. (CLNE) Q3 2025 Earnings Call Transcript

by SA Transcripts
November 5, 2025
0

Operator Good day, everybody, and welcome to at this time's Clear Vitality Fuels Third Quarter 2025 Earnings Convention Name. Please...

Nemocare’s Manoj Sankar Empowers Changemakers at Adani Green Talks

Nemocare’s Manoj Sankar Empowers Changemakers at Adani Green Talks

by NDTV Profit
November 4, 2025
0

Manoj Sankar, co-founder of Nemocare, shares the impactful journey of presenting at Adani Inexperienced Talks in entrance of the Adani...

India, Israel sign pact to boost defence cooperation and technology sharing

India, Israel sign pact to boost defence cooperation and technology sharing

by Euro Times
November 4, 2025
0

Defence Secretary Rajesh Kumar Singh and Director Basic of Israeli Ministry of Defence Maj Gen (Res) Amir Baram co-chair the...

45-floor building approved for central Tel Aviv junction

45-floor building approved for central Tel Aviv junction

by Maya Levin
November 4, 2025
0

The Tel Aviv-Yafo Native Planning and Constructing Committee final week accredited the "Menora Allenby" plan for the development of...

Getty Images largely loses landmark UK lawsuit over AI image generator

Getty Images largely loses landmark UK lawsuit over AI image generator

by Euro Times
November 4, 2025
0

Getty Photographs largely misplaced its landmark lawsuit towards synthetic intelligence firm Stability AI over its picture generator at London's Excessive...

Castle Biosciences, Inc. (CSTL) Q3 2025 Earnings Call Transcript

Castle Biosciences, Inc. (CSTL) Q3 2025 Earnings Call Transcript

by SA Transcripts
November 4, 2025
0

Operator Good afternoon, and welcome to Fortress Biosciences' Third Quarter 2025 Convention Name. As a reminder, at the moment's name...

Next Post
Book Review: How Novelty and Narratives Drive the Stock Market

Book Review: How Novelty and Narratives Drive the Stock Market

Inflation ‘could get out of control,’ calls for action

Inflation 'could get out of control,' calls for action

Perdoceo Education Corporation (PRDO) Q3 2025 Earnings Call Prepared Remarks Transcript

Perdoceo Education Corporation (PRDO) Q3 2025 Earnings Call Prepared Remarks Transcript

November 5, 2025
Clean Energy Fuels Corp. (CLNE) Q3 2025 Earnings Call Transcript

Clean Energy Fuels Corp. (CLNE) Q3 2025 Earnings Call Transcript

November 5, 2025
Bank warns of spike in purchase fraud ahead of Christmas shopping season

Bank warns of spike in purchase fraud ahead of Christmas shopping season

November 5, 2025
Belgian airports closed after drone sightings

Belgian airports closed after drone sightings

November 5, 2025
Windows 11 Previews a Feature That Lets You Share Audio With Another Person’s Device

Windows 11 Previews a Feature That Lets You Share Audio With Another Person’s Device

November 4, 2025
Russia’s G20 summit delegation revealed — RT World News

Russia’s G20 summit delegation revealed — RT World News

November 4, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Perdoceo Education Corporation (PRDO) Q3 2025 Earnings Call Prepared Remarks Transcript

Clean Energy Fuels Corp. (CLNE) Q3 2025 Earnings Call Transcript

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In