Cargill: Israel's Aleph Farms secures US$29M to streamlines cultivated beef production
The Israeli company has raised US$29 million and expects an additional US$10-15 million. The company is doing so to modify its production process to lower costs and scale up whole-cut cultivated beef.
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Cargill is a Minnesota-based multinational company that manufactures products such as animal feed and nutritional ingredients for sectors including pharma and agriculture.
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