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 is part of the A$392 million Industry Growth Program, aimed at supporting innovative agricultural technologies and reducing production costs.

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 of cultivated meat…

Source: Green Queen