This Techstars-backed startup says it can make cultured meat 90% cheaper
Enter Gelatex, an Estonian materials startup which says it can cut the cost of producing cultured meat by “up to 90%”. “2022 will be a year when the first launches are being done in the cultured meat space”Though the cultured meat sector has yet to scale in most countries — only Singapore has started selling cultured meat commercially — investors say it’s only a matter of time. Digital Food Lab estimates that by 2040, cultured meat will make up 35% of global meat production while its market size is poised to climb to $248m by 2026, up from $103m in 2020. Martens says that its scaffold making machinery is less costly than those used by other cultured meat firms. Martens predicts that cultured meat could start to become commercially viable in the next year or two: “2022 will be a year when the first launches are being done in the cultured meat space [like exclusive products in restaurants].