Melbourne-based cultivated meat company Magic Valley announces it has signed a Memorandum of Understanding (MOU) with US company Biocellion SPC, a software developer and computer modeling company for life sciences, to drive advancements in bioreactor technology by researching cell behavior in these tanks. The ultimate goal is to scale up the production of cultivated meat to lower its prices.
“This partnership showcases the potential that interdisciplinary solutions can play”
“At Magic Valley, we are committed to revolutionizing the way meat is produced, with a focus on sustainability and ethical practices. By collaborating with Biocellion, we aim to unlock valuable insights into cellular behavior, enabling us to create delicious cultivated meat products efficiently at scale,” comments Paul Bevan, CEO & founder of Magic Valley.
All types of meat
Magic Valley is known as the first company to cultivate lamb from induced pluripotent stem cells (iPS) grown in fetal bovine free-media. It claims to have a cell ag technology scalable across all types of meats.
Last March, the Australian innovator debuted a cultivated premium pork product (also developed with its animal-free media) showcased in filled dumplings to demonstrate the capabilities of its platform. According to the company, the next type of meat to will be cultivated beef, with its sights set on regulation by 2024.
The collaboration with Biocellion, which is expected to accelerate the production of cultivated meat, has already received support from Brinc, a global venture accelerator headquartered in Hong Kong that invested in the cultivated meat company and is mentoring Biocellion in its latest accelerator cohort.
“This partnership showcases the potential that interdisciplinary solutions can play to reshape the future of the food industry,” said Manav Gupta, founder & CEO of Brinc.
Biocellion, headquartered in Washington State, helps companies to transition from laboratory to virtual experiments to learn how products function before life tests. This method uses computer simulations of living system behaviors, modeled cell by cell, making them faster, cheaper, and less wasteful than lab experiments.
“We’re excited to collaborate with Magic Valley using our advanced virtual experiments technology in order to accelerate the development of bioreactor designs and drive efficiency in cultivated meat production. Together, we are shaping a future where technology and biology converge to address global protein demands,” comments Simon Kahan, CEO of Biocellion