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Whole Foods Founder Mackey Invests in Producer of Cultured Meat

  • Memphis Meats changes name to Upside, is ready to sell chicken
  • Industry optimistic that regulatory approval could come soon
Upside Foods Chicken Salad
Upside Foods Chicken SaladSource: Upside Foods

A prominent producer of cultivated meat is renaming itself and announcing its first commercial plans -- and has secured investment from Whole Foods Market and its founder, John Mackey.

The moves by Upside Foods, formerly known as Memphis Meats, show the industry is ready to sell its products to the public when there’s U.S. regulatory approval. While it’s unclear when or if the products will get a green light, Upside Chief Executive Officer Uma Valeti says his company is prepared to move quickly. Chicken will be the first cultured meat product that it offers.