The investment is an example of Tyson Foods’ commitment to explore innovative, new ways of meeting growing global demand for protein.
Tyson Ventures, the venture capital arm of Tyson Foods, Inc., Springdale, Ark., invested in food tech startup Memphis Meats, a San Francisco-based leader in cultured meat produced directly from animal cells. The investment is an example of Tyson Foods’ commitment to explore innovative, new ways of meeting growing global demand for protein.
Tyson Foods’ investment represents a minority stake in the business, and joins a diverse group of investors, including Microsoft co-founder Bill Gates and investor and philanthropist Richard Branson.