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Raising investments for cultivated meat companies more challenging in current macroeconomic climate
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A dish featuring 3D-printed cultivated grouper fish.
PHOTO: REUTERS
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SINGAPORE - Attracting investments has always been challenging for cultivated meat companies, given their long runway to commercial viability, but these difficulties might become more pronounced in the current climate of lower investments, rising interest rates and signs of a looming recession globally, according to industry observers.
The troubles facing local cultivated seafood firm Shiok Meats has also laid bare some of the hurdles that need to be overcome by the nascent industry.
