This week, Bell, a Swiss meat processor, announced an investment in Dutch synthetic meat start-up Mosa Meat.
Mosa Meat, a leader in the market of cultured beef, was co-founded by Mark Post of the University of Maastricht, who is considered to be the global pioneer in the production of cultured meat.
Rather than a meat substitute, cultured meat is meat grown in vitro. Muscle cells are extracted from an animal and placed in a solution that feeds them and allows them to multiply.
The first 150 grams of cultured meat, which were produced in 2013, cost US$ 330,000.
Bell hopes to have meat produced without the aid of an animal on shop shelves by 2021. The product is aimed at those who avoid meat for ethical or environmental reasons.
Bell press release (in English)