Food tech start-up Eat Just has announced that it has collaborated with Doha Venture Capital (DVC) and Qatar Free Zones Authority (QFZA) to manufacture the first cultivated meat facility in the Middle East and northern Africa region.
This news comes after Eat Just secured $200 million in new funding to invest in its plant-based egg alternative and cultured meat back in March of this year and also obtained $170 million in funding for the expansion of its subsidiary brand Good Meat and the development of its cultured meats back in May.
The facility will be based in the Umm Alhoul Free Zone with direct links to Hamad Port. The plan is to add a protein processing facility for Eat Just’s ‘Just Egg’ – the business’s plant-based egg product. The partnership has also announced that it has intentions to grant regulatory approval for Good Meat cultivated chicken within this region like it was granted in Singapore last year.
Eat Just’s ‘Good Meat’ created the world’s first mainstream meat made from animal cells.
Josh Tetrick, co-founder and CEO of Eat Just, said: “Our team is grateful to take the next step in our global expansion in the Qatar Free Zones. Their commitment to accelerating our work in building a more sustainable food system was apparent from day one of our dialogue – and we’re expecting to look back decades from now on this partnership with them as key to how we made that vision a reality”.
“Eat Just is a highly innovative company with a bright future, and we’re pleased to be one of the investors in the company and welcome them to Qatar Free Zones. This partnership is a prime example of our commitment to supporting high-growth disruptors as they develop technologies that will change the world while helping them take advantage of the many opportunities here in Qatar and across the region,” said the CEO of DVC, Mohammed Al Abdulla.
Eat Just’s ‘Just Egg’ is a fast-growing egg brand in the US, with the company selling the plant-based equivalent of 160 million eggs.
© FoodBev Media Ltd 2021
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