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Bezos-backed fund invests $60 million to improve the taste of alternative meat

March 12, 2024
in Business
Reading Time: 2 mins read
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Bezos-backed fund invests $60 million to improve the taste of alternative meat

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The Bezos Earth Fund is pouring $60 million into revamping different proteins as a part of its push to make meals extra sustainable. 

The Jeff Bezos-backed philanthropic group will put cash into establishing college analysis facilities that may work on bettering the style, texture and vitamin of meat alternate options. The facilities, arrange over the following 5 years, can even concentrate on bringing down manufacturing prices and discovering new elements, in keeping with Andy Jarvis, director of Way forward for Meals on the Bezos Earth Fund. 

“Various proteins are an crucial if we’re to remain inside planetary boundaries, if we’re to feed 10 billion individuals inside these boundaries,” Jarvis stated in a video interview. “We’re investing in different proteins as a result of they should be profitable.” 

The funding is a part of a $1 billion dedication by the Bezos Earth Fund to sort out meals’s impression on local weather and nature. Various proteins have been singled out as a manner to assist shift diets away from livestock, a serious driver of greenhouse gasoline emissions. However they’ve struggled to win over shoppers because of an absence of taste, excessive costs and issues over vitamin.  

“They should price much less, they should be extra flavorful,” Jarvis stated. 

The Bezos Earth Fund was launched in early 2020 by Bezos — the world’s second-richest particular person and founding father of Amazon.com Inc. — who pledged $10 billion to struggle local weather change and defend the pure world.

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