The Silicon Valley investor community was introduced to the
company's technology, and guests tasted cultivated meat
REHOVOT, Israel, Nov. 17,
2022 /PRNewswire/ -- Steakholder Foods Ltd.
(Nasdaq: STKH), (formerly MeaTech 3D: $MITC) an international
deep-tech food company at the forefront of the cultured meat
industry, held its first US tasting event along with a live 3D
steak printing demonstration at San
Francisco's Gallery 308.
Guests enjoyed the company's hybrid cultivated meat canapés,
such as beef steamed bun, grilled beef kabab and Thai spicy beef
lettuce. The bovine cells used to produce the beef in the canapés
came from Texas cattle.
Steakholder Foods believes that hybrid products will be a game
changer for the meat industry and will help pave the way for the
company's whole-cut cultivated meat products.
Attendees were offered the opportunity to 3D print personalized
steaks with a choice of three different cuts (entrecote, sirloin,
and picanha) and three different fat ratios.
The event featured a panel discussion with industry leaders
entitled "The Future of Food and Our Planet." Panelists included
Michael Selden, co-founder and CEO
of Finless Foods; Bruce Aidells,
chef and founder of Aidells Sausage; Adam
Bergman, global head of AgTech Investment Banking at Citi;
and Arik Kaufman, co-founder and CEO
of Steakholder Foods.
Arik Kaufman, Steakholder
Foods Chief Executive Officer: "This event was an exciting
milestone showcasing our patented 3D bio-printing capabilities and
offering industry leaders a taste of our hybrid products in one of
our key target markets. After the recent movement by the FDA toward
initial approval of cultivated meat, we are especially proud to be
the only publicly traded cultivated meat company in the US where
we've recently initiated business development and marketing
efforts. With the use of cultivated fat, I believe that our hybrid
products will flip the script in the meat substitute industry,
giving consumers more sustainable choices that are both delicious
and less processed. We were honored to host key industry players at
this amazing event and invite everyone to join our community of
"steakholders" in the future of sustainable meat
About Steakholder Foods
Steakholder Foods Ltd., formerly MeaTech 3D Ltd., is an
international deep-tech food company at the forefront of the
cultured meat revolution. The company initiated activities in 2019
and is listed on the Nasdaq Capital Market under the ticker "STKH"
(formerly MITC). Steakholder Foods maintains facilities in Rehovot,
Israel and Antwerp, Belgium and has recently expanded
activities to the US.
The company is developing a slaughter-free solution for
producing a variety of beef, chicken, pork, and seafood products —
both as raw materials and whole cuts — as an alternative to
industrialized farming and fishing. With its membership in the UN
Global Compact, Steakholder Foods is committed to act in support of
issues embodied in the United Nations Sustainable Development Goals
(SDGs) which include strengthening food security, decreasing carbon
footprint, and conserving water and land resources.
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This press release contains forward-looking statements
concerning Steakholder Foods' business, operations and financial
performance and condition as well as plans, objectives, and
expectations for Steakholder Foods' business operations and
financial performance and condition. Any statements that are not
historical facts may be deemed to be forward-looking statements.
Forward-looking statements reflect Steakholder Foods' current views
with respect to future events and are based on assumptions and
subject to known and unknown risks and uncertainties, which change
over time, and other factors that may cause Steakholder Foods'
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements.
Forward-looking statements include, without limitation, any
statement that may predict, forecast, indicate or imply future
results, performance or achievements, and are typically identified
with words such as "may," "could," "should," "will," "would,"
"believe," "anticipate," "estimate," "expect," "aim," "intend,"
"plan" or words or phases of similar meaning and include, without
limitation, Steakholder Foods' expectations regarding the success
of its cultured meat manufacturing technologies it is developing,
which will require significant additional work before Steakholder
Foods can potentially launch commercial sales; Steakholder Foods'
research and development activities associated with technologies
for cultured meat manufacturing, including three-dimensional meat
production, which involves a lengthy and complex process;
Steakholder Foods' ability to obtain and enforce its intellectual
property rights and to operate its business without infringing,
misappropriating, or otherwise violating the intellectual property
rights and proprietary technology of third parties; and other risks
and uncertainties, including those identified in Steakholder Foods'
Annual Report on Form 20-F for the fiscal year ended December 31, 2021, filed with the Securities and
Exchange Commission on March 24,
2022. New risks and uncertainties may emerge from time to
time, and it is not possible for Steakholder Foods to predict their
occurrence or how they will affect Steakholder Foods. If one or
more of the factors affecting Steakholder Foods' forward-looking
information and statements proves incorrect, then Steakholder
Foods' actual results, performance or achievements could differ
materially from those expressed in, or implied by, forward-looking
information and statements contained in this press release.
Therefore, Steakholder Foods cautions you not to place undue
reliance on its forward-looking information and statements.
Steakholder Foods disclaims any duty to revise or update the
forward-looking statements, whether written or oral, to reflect
actual results or changes in the factors affecting the
forward-looking statements, except as specifically required by
SOURCE Steakholder™ Foods Ltd.