Less than five months after announcing its first commercial-scale cultivated meat plant in Glenview, Illinois, UPSIDE Foods has hit pause on its Chicagoland plans and is instead focusing on expanding its far smaller ‘EPIC’ site in Emeryville, California.According to emails sent to staff by UPSIDE Foods founder and CEO Dr. Uma Valeti that were leaked to tech publication WIRED, UPSIDE has also made “selective role eliminations” and “other changes” as it stops “non-critical” work and conserves capital to extend its runway.
Source: UPSIDE Foods hits pause on large-scale cultivated meat plant
[…] UPSIDE Foods hits pause on large-scale cultivated meat plant February 20, 2024Less than five months after announcing its first commercial-scale cultivated meat plant in Glenview, Illinois, UPSIDE Foods has hit pause on its Chicagoland plans and is instead focusing on expanding its far smaller ‘EPIC’ site in Emeryville, California.According to emails sent to staff by UPSIDE Foods founder and CEO Dr.… Read more: UPSIDE Foods hits pause on large-scale cultivated meat plant […]