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    Breaking News

    Aleph Farms Receives AIM for Climate Accolade

    The company was recognized as an innovation sprint partner, and will receive $40 million in investments into its cellular agriculture program.

    Aleph Farms Receives AIM for Climate Accolade
    09.01.22
    Aleph Farms, the first cultivated meat company to grow steaks directly from non-genetically engineered animal cells, announced that it has been recognized by the Agriculture Innovation Mission for Climate (AIM) as an innovation print partner.
     
    As part of this title, $40 million is being invested in research and development for cellular agriculture over the next five years through Aleph Farms with support from L Catterton, Strauss Group, VisVires New Protein, CPT Capital, Synthesis Capital, Foot Tank, and Christensen Global. Aleph Farms will introduce its products into global markets when regulatory processes conclude and approvals are finalized.
     
    The United States, United Arab Emirates, 39 other countries, and over 180 non-governmental partners officially launched AIM at the 26th United Nations Climate Change Conference of Parties (COP26) in Glasgow, Scotland in 2021. The initiative draws support and investments for climate-friendly agriculture and food systems, enabling solutions where global hunger and the climate crisis intersect. Cellular agriculture addresses two of AIM for Climate’s focal areas: methane reduction and emerging technologies in agriculture.
     
    According to Aleph Farms, cellular agriculture can rapidly reduce emissions of methane, a greenhouse gas of which livestock is the main source. Cultivated meat, compared to traditional meat production, can reduce greenhouse gas emissions by 92% and water use by 78%, according to an independent life cycle analysis conducted by CE Delft. Cultivated meat also requires 95% less land than conventional meat, opening up new opportunities for land use. Because cultivated meat is produced in closed systems, its production is feasible in locations where climate and resource scarcity prevent conventional beef production from taking place.
     
    “Enhancing food security via cellular agriculture empowers communities and fosters regional cooperation, spurring economic growth in the process. This is why we are especially proud to be allocating these R&D funds as an AIM for Climate Innovation Sprint Partner,” said Didier Toubia, co-founder and CEO of Aleph Farms. “With cellular agriculture, humanity is better equipped to overcome significant food-related challenges and bring agricultural systems back into balance.”
     
    In addition to meat, Aleph Farms has also developed slaughter-free collagen, which has numerous applications across an array of multi-billion dollar industries.
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