Cargill Inc. has made an investment into Memphis Meats, a company in the “clean meat” industry. The company has developed technology to grow meat from self-reproducing animal cells. Neither company disclosed the size of the investment, reports the Dow Jones News Service.
“This is another way to harvest meat,” said Sonya Roberts, head of growth ventures in the meat division at Cargill, one of the world’s biggest producers of beef and poultry. “For people who want a product from an animal welfare perspective, we want this to be there for them.”