I doubt the headline is accurate as far a meat lovers go, but this was pretty amazing to read. Looking into the company further after reading the article, I found it’s still only in round B of series funding, so it’s not yet moved out of initial investment rounds and a ways off from making the initial public offering (IPO) stage. Pretty amazing they have done so much since beginning in 2016. According to CBInsights, to date they have a modest 56.1M invested in the company. The claim that “duckweed may become humanity’s first new major crop in more than a century,” seems farfetched but at the rate they are advancing the tech, quite possible if investment holds imho.
I didn’t see mentioned anywhere what happens to the plant waste once the 1% of protein is extracted, but this is really neat! Definitely hope to hear more about it.
