[2][3][4][5] Co-founder Mark Post is a professor of Sustainable Industrial Tissue Engineering at Maastricht University[6] and serves as Chief Scientific Officer at Mosa Meat.
The team of scientists headed by Post and Verstrate developed the world's first cultured meat hamburger in 2013, which cost €250,000 (US$330,000[8]) to produce and was funded by Google co-founder Sergey Brin.
[16] In 2020, Mosa Meat announced an 88 times cost reduction of their medium (the broth that feeds the cells)[17] and in 2021, Mosa Meat announced a 65 times cost reduction of their fat medium, making animal fat that is 98% cheaper than their previous method.
[20] In January 2021, Mosa Meat indicated it would initiate the regulatory approval procedure for its product with the European Food Safety Agency (EFSA) during that year.
[22] By March 2021, Mosa Meat had secured over 70 million euros in funding from various investors including Nutreco and Just Eat Takeaway CEO Jitse Groen.
[23] In September 2021, actor and environmentalist Leonardo DiCaprio announced that he had funded Mosa Meat and Aleph Farms for undisclosed amounts of money, stating: 'One of the most impactful ways to combat the climate crisis is to transform our food system.
[24][25][8] One month later in October 2021, the European Union invested €2 million towards developing cultured beef for commercial markets.
The cells are then isolated into muscle or fat and fed on a nutrient-dense growth medium, eventually resembling ground hamburger meat with the exact same genetic code as the cows.