Vow has become the first cell-based meat player in Australia to begin the regulatory approval process with Food Standards ANZ, in the hopes of having lab-grown quail on diners’ plates in 2024.
The company, which in November raised $US49.2 million ($73.1 million) from Blackbird Ventures and Prosperity7 Ventures, has no intention of competing with Aussie farmers, instead developing cell-based meats that are healthier and tastier utilising cells from animals such as rabbits, kangaroo, alpaca, goat and water buffalo.
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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
