ADM Ventures, Menora Mivtachim and S2G Ventures led a $347m Series B round in Future Meat Technologies.

ADM Ventures, Menora Mivtachim and S2G Ventures led a $347m Series B round in Future Meat Technologies, a company developing innovative technology to produce cultivated meat, with participation from Tyson Foods, Manta Ray Ventures, Emerald Technology Ventures, and Bits x Bites. "We are incredibly excited by the massive support of our global network of strategic and financial investors. This financing consolidates Future Meat's position as the leading player in the cultivated meat industry, just three years after our launch. Our singular technology reduced production costs faster than anyone thought possible, paving the way for a massive expansion of operations. Our team will break ground on the first-of-its-kind, large-scale production facility in the United States in 2022," Yaakov Nahmias, Future Meat Founder and President.