Australia’s Magic Valley Gets A$100K Govt Grant for Lab-Grown Meat

Magic Valley, a Melbourne-based cultivated meat producer, has secured A$100,000 in government funding to transition from research to commercial production. This grant, part of the A$392M Industry Growth Program, aims to enhance production efficiency and reduce costs, supporting the startup’s growth in the cultivated meat sector.

Original excerpt: Aussie food tech startup Magic Valley has secured A$100,000 ($62,800) from the national government to transition from research to commercial production…

Source: Green Queen