Global technocrats want to completely end animal husbandry and the consumption of meat products. They plan to convert everyone to plant-based and synthetic food sources, all in the name of saving the planet. Well, the planet has done well for thousands of years of animal husbandry. The environmental/climate damage that is happening now probably has more to do with the chemicals and pesticides used and harmful technologies used by the companies’ processing plants. Regardless, you can rest assured that global “elites” plan to continue eating filet mignon while limiting the rest of us to a lab-grown, artificial syrup. – The Silent Truth Editor Jesse Smith
(Forbes) – Julien Macchot, Managing Partner of towards the capital.
This trend will be accelerated by new plant products and cell-based technologies, driving the overall category to reach $4.8 billion in revenue By 2027, 40.5% of it will be produced from the United States
The animal trade must end in order to feed our population. That’s simply not sustainable, said Machout, who has put Planetary Health at the center of his investment process since launching his Luxembourg-based commercial banking and consulting firm UHNW in 2017, said.
300% cross-portfolio growth
VERSO Capital’s venture division has led investments in some of the trendiest companies in the food technology and alternative protein sectors, including Impossible Foods, This Isn’t Meat, Eat Just, Nitro Beverage and TurtleTree, investing a total of $375. million so far.
These companies have seen an overall growth rate of 300% in sales over the past 36 months, according to Machot, which will enable VERSO to explore new food technologies that help fight climate change.
He said: “Back in 2017, VERSO was interested in climate technology, but our lack of engineering and technical skills led me to find an easier and more accessible entry point – food technology became an obvious target because dairy cattle contribute 40% of total methane emissions worldwide. .”
Environmental concerns related to traditional animal husbandry are also fueling a growing number of alternative venture funds focused on protein, including Lever VC and PowerPlant Ventures, which recently raised $80 million and $165 million through Fund One and Fund Two. The former is also an investor in dairy farm TurtleTree.
Machot emphasized that regulations remain a major obstacle to the marketing of cell-based meat and dairy products, but that once they are removed, the alternative protein market will expand dramatically, saying, “I remember five years ago how food technology was seen as ‘the trend going for vegans in the world’.” California, “But now I wouldn’t be surprised to see a major expansion of cell meats, especially beef and chicken, as well as egg and human milk replacement products.
“Vegan, for example, grew by 27%. [in annual sales] Before COVID, this growth rate will double in the next two years without a doubt.”
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