Courtesy of SCiFi Foods

Bay Area-based food tech startup SCiFi Foods, formerly known to the world as Artemys Foods, announced today that it has changed not only its look, but its name as well. official. Additionally, the company released the name of its newest board member, Myra Pasek, who is general counsel at Iron Ox, an agtech startup combining AI and robotics to improve the sustainability of agriculture. Pasek’s previous experience includes leadership roles at Impossible Foods and Tesla, brands synonymous with futuristic innovation. Since inception, SCiFi Foods has raised $29m, including a $22m Series A round led by Andreessen Horowitz (a16z).

SCiFi Foods is tackling the enormous challenge of bringing cultured meat to market at an affordable price. Businesses and funding in this area have grown rapidly in recent years. However, SCiFi stands out from the rest because of its unique approach in using bioengineering to address the massive challenge of growing meat from animal cells, both at scale and at an affordable cost. It will first launch a product that combines plant-based meat with real cultured beef cells, allowing for a significantly better taste than traditional plant-based burgers, at a fraction of the cost of 100% cultured meat. Additionally, the company has just released its new branding and name, SCiFi Foods.

“We’ve engineered the technology to grow real meat without the need for an animal – a staggering feat. This innovation is the future we only once imagined could be a reality. I believe it’s important to being open and genuine about what we’re doing, and our new name reflects exactly that. Consumers value transparency, and I’d rather be bold than hide behind a bland corporate moniker,” said Joshua March, CEO and co-founder. He continued: “As a company creating food, there are two things we absolutely can never compromise on: trust as a brand and the taste of our products.”

The funding will be used to continue the company’s substantial R&D efforts, as well as new marketing strategies, as well as hire additional talent. Kasia Gora, PhD., CTO and Co-Founder, continued, “We’ve accomplished an extraordinary amount in just over two years and I’m extremely proud of the world-class team and platform we’ve built. Since then Last April, the pace of our R&D has truly been unprecedented, and we’ve already achieved some terrific, game-changing results.We’re grateful to have such incredible investors like a16z and advisors like Myra on this journey with us.

Andreessen has invested in some of the most iconic brands of the past twenty years, including Airbnb, Facebook, Lyft and Pinterest, to name a few. He has built a well-deserved reputation for picking winners and supporting them at an early stage. General partner Vijay Pande, who led the investment for Andreessen, said there were a number of reasons why SCiFi Foods was unique in its space and a good fit for the fund. He added, “Cultivated meat will disrupt the global, trillion-dollar meat products market with huge benefits for the planet. However, there are significant cost hurdles, and SCiFi’s technology and approach was the first that we believe really has the potential to scale quickly and significantly reduce costs.

SCiFi Foods made its public debut last month at the Reducetarian Summit in San Mateo and will now share more of its work and news with the press and public. For more information, company updates, and job openings (we’re hiring!), please visit: http://www.scififoods.com, or email: [email protected] com.

About SciFi Foods

SCiFi Foods creates transformational meat alternatives by combining plant-based and cultured ground beef cells to create burgers that taste dramatically closer to real-life versions. The company relies on bioengineering and advanced technologies such as CRISPR to solve the main obstacles currently preventing cultured meat from reaching price parity with conventional meat. SCiFi Foods was co-founded by CEO Joshua March, who previously co-founded and led Conversocial and iPlatform, and CTO Kasia Gora, PhD., who at Zymergen pioneered a high-throughput approach to cell engineering. It has raised $29 million to date by top investors including Andreesseen Horowitz, Valor Siren Ventures, BoxGroup, Entree Capital, Prelude Ventures, and more.

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