Tyson Joins Bill Gates, Cargill to Invest in Lab-Meat Producer

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Tyson Foods Inc. is boosting its bet on meat that comes from the lab instead of the slaughterhouse.

The company’s venture capital arm has invested in Memphis Meats Inc., a company that produces cultured meat without raising livestock or poultry, Tyson said in a statementBloomberg Terminal on Monday. It didn’t announce the terms of the deal.

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Tyson Joins Bill Gates, Cargill to Invest in Lab-Meat Producer