MIRAI FOODS and Shiok Meats enter strategic partnership agreement to develop cultivated beef production in Singapore and accelerate regulatory approval

23-Aug-2022 - Switzerland

MIRAI FOODS, a Swiss company at the forefront of cultivated meat production, and Gaia Foods, specializing in cultivated red meat technology in Singapore (a subsidiary of Shiok Meats, the first cultivated seafood company in SE Asia), are pleased to announce that they are collaborating to exchange know-how and supplies to bring cultivated beef to Singapore.

Photo by Drew Hays on Unsplash

MIRAI FOODS will supply Gaia Foods with its one-of-a-kind bovine muscle and fat stem cells – the essential raw material for producing cultivated beef. These are natural, highly pure, non-genetically modified cells collected from premium cattle breeds, which are hard to come by in Singapore.

“We are excited to partner with one of the world’s leading cultivated seafood producers and their subsidiary cultivated meat company to extend the culinary choice for Singaporean consumers to premium, Swiss quality cultivated beef”, shares Christoph Mayr, CEO at MIRAI FOODS. “Partnering with a Singaporean company is particularly interesting for us given the country’s strong distribution and partnership network across the Asia Pacific region, which has been showing a growing appetite for safe, high-quality beef”, he adds.

On the other side, Shiok Meats will provide MIRAI with its advanced regulatory information and know-how, gained from being located in the first country in the world to approve the sale of cultivated meat and home to the largest cultivated meat facility in Asia. MIRAI’s regulatory dossier filing in Singapore will be a first crucial milestone for the Swiss company to enter markets outside of its home ground.

Sandhya Sriram, Group CEO at Shiok Meats and Gaia Foods, reveals that “this partnership is the result of a strong relationship we have been building with MIRAI. We already started working with MIRAI’s stem cells and are very happy with their performance. Whilst we will leverage our regulatory status and expertise to help MIRAI accelerate its market entry in Singapore, we are also eyeing on potential production and distribution of our seafood products in Switzerland, a high purchasing power market with a strong first adoption mindset.”

Other news from the department business & finance

Most read news

More news from our other portals

AI is changing the food & beverage industry

Something is happening in the food & beverage industry ...

This is what true pioneering spirit looks like: Plenty of innovative start-ups are bringing fresh ideas, lifeblood and entrepreneurial spirit to change tomorrow's world for the better. Immerse yourself in the world of these young companies and take the opportunity to get in touch with the founders.