Upside Foods (formerly known as Memphis Meats) is a food technology company headquartered in Berkeley, California, aiming to grow sustainable cultured meat.The company was founded in 2015 by Uma Valeti (CEO), Nicholas Genovese (CSO), and Will Clem. Valeti was a cardiologist and a professor at the University of Minnesota.
The company plans to produce various meat products using biotechnology to induce stem cells to differentiate into muscle tissue, and to manufacture the meat products in bioreactors.
We will have 10 billion mouths to feed worldwide by 2050, so we have to get cooking. Luckily, we started in 2015.
2015
Company founding—1st cultivated meat company in the world
2016
We cultivate the world’s 1st beef meatball
2017
We cultivate the world’s 1st chicken and duck
Series A funding round including Threshold, Bill Gates, Cargill, and Richard Branson.
2018
Tyson Foods, the world’s largest poultry producer, invests in UPSIDE Foods
We inked a historic partnership with NAMI to usher in sensible federal regulation for cultivated meat
2019
Founding member of the world’s 1st cultivated meat coalition (AMPS Innovation)
2020
Series B funding round, largest to date in the category
Investment from Whole Foods
2021
Rebrand to UPSIDE Foods
We open EPIC, our commercial production facility
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Upside Foods, Inc. (formerly known as Memphis Meats)
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