Mark Post, a professor at Maastricht University in the Netherlands who spearheaded that first cultivated burger, said at the time that it would be 10 to 20 years before products hit the market. In the decade since, private investors have poured $3.1 billion into more than 170 companies trying to produce cultivated meat that is both appetizing and affordable for consumers.
Investors range from tech visionaries like Brin and Microsoft founder Bill Gates to traditional meat giants like Tyson and JBS. Many of them have been drawn not only to the rapidly expanding market for meat but also to the potential to alleviate many of the animal welfare concerns and possible environmental harms associated with conventional meat production.