Morning Brew - ☕️ The Cheerios of lab-grown meat

This startup wants to invent brand new forms of meat.
Morning Brew July 13, 2022

Emerging Tech Brew

Droplette

Happy Wednesday. Did you know we're hosting the first ever in-person Emerging Tech Brew event this fall? In New York City? On September 29?

Well, we are. And we’d love for you to join us—and our star-studded group of tech leaders—as we explore three key topics at the intersection of innovation, business, and society. We’ll spend all day discussing…

  • The future of energy and renewables
  • The digital and biotechnological disruption of food
  • The next era of innovation in health tech

Now’s the time to smash that Buy button—tickets increase in price tonight. Click here to save $200 and buy your ticket now.

In today’s edition:
This startup is inventing entirely new forms of meat
🛰 Starlink is now faster than fixed broadband in some countries

Dan McCarthy, Jordan McDonald

FOOD TECH

Are you ready for the Cheerios of meat?

Are you ready for the Cheerios of meat? Illustration: Francis Scialabba, Photo: Upside Foods

From juicy ribeyes to sushi-grade salmon, cultivated-meat companies have grand plans to reproduce the most popular proteins in the world. Their bet is that consumers will eventually switch to lab-grown versions of their favorite filets due to the significant ethical and environmental advantages they can offer over traditional meat production.

But Australia-based Vow Food is placing a different bet: It wants to bioengineer entirely new, better forms of meat.

“We can just invent entirely new types of meat that are going to become as abundant, well-recognized, and well-understood as a Cheerio is, 80 years in the future,” Vow founder and CEO George Peppou said in June during a talk at New Harvest, an annual cellular-agriculture conference.

Bringing it to life: Vow announced its first brand—a cultivated-quail product dubbed Morsel—in May, and pending regulatory review, it will be available at one high-end restaurant in Singapore later this year, Peppou told us.

  • It also just finished building its first factory in its hometown of Sydney, which will produce Morsel.
  • Peppou declined to share exactly what Morsel’s made of, but told us that up front you get some “umami, roasted chicken” flavors before it melts in your mouth “like a beef brisket” and concludes with some “seafood notes.”

Zoom out: Cultivated meat is still unproven at scale, and right now it’s only legal to sell in Singapore. But the space is drawing more and more investment as the industry pushes for regulatory approval in the US and elsewhere: Since 2020, investors have poured at least $2.4 billion into cultivated-meat startups.

Keep reading about Vow’s plans to reinvent meat here.DM

        

TOGETHER WITH DROPLETTE

Let me in!!!

Droplette

That’s what collagen is screaming at you—and, more specifically, to your skin. After all, collagen is what keeps (ahem, kept) your skin firm and hydrated. But its natural breakdown over time can lead to fine lines and wrinkles.

Plus, collagen notoriously has a hard time penetrating your skin barrier. (Probably because it’s 300X larger than what your skin can even absorb.) So once it’s out, it’s not getting back in…

Until now. Droplette is a new MIT-born skin-care device that can replenish skin’s collagen by transforming it into a tiny, fast-moving micro-mist that can actually penetrate your skin barrier.

Ready for your dewiest, glowiest skin? Shop their biggest sale of the summer now and get $100 off the device.

CONNECTIVITY

Starlink is moving faster

Starlink is moving faster Daniel Hull/Getty Images

Nearly two years after Starlink became available to consumers, SpaceX’s satellite-internet service continues to improve connectivity speeds, according to a new report by Ookla, a web service focused on internet speed tests.

​​The service is still slower than fixed broadband in the US and Canada but far ahead of satellite-broadband competitors like HughesNet and Viasat. But in several countries, like Australia and New Zealand, the service has faster download speeds than traditional fixed-broadband options, highlighting Starlink’s ability to deliver comparatively strong service in certain areas.

  • Starlink’s user base has grown to over 400,000 worldwide as of May, up from 145,000 at the start of the year. The service kicked off its public beta in October 2020.

By the numbers: The report found that median download speeds for Starlink in the US and Canada increased from Q1 2021 to Q1 2022. In the US, Starlink’s median download speeds improved ~38% from 65.72 Mbps in Q1 2021 to 90.55 Mbps in Q1 2022.

  • In the same window, Starlink’s download speed in Canada climbed ~58%, from 61.84 Mbps to 97.40 Mbps.
  • However, upload speeds regressed, with speeds in America dropping by at least 33% and by at least 36% in Canada, which the report said should be “negligible” for many users.

Improvements in Starlink’s speeds will be critical as the company expands its satellite constellation and coverage. The company launched 53 satellites last week to add to its constellation, which already consists of over 2,500 satellites.

  • Starlink released Starlink for RVs in June, the first portable iteration of its satellite-internet service. It was only available at fixed locations like homes prior to June.

Starlink also gained FCC approval last month to operate on vehicles in motion, including boats, planes, and trains. Part of that push included securing deals with Hawaiian Airlines and charter carrier JSX to provide in-flight wi-fi services, which Hawaiian Airlines said will be available as early as 2023.

Click here to read this story on-site.JM

        

TOGETHER WITH VANTA

Vanta

What’s up with startup security? To find out, Vanta asked startups to anonymously answer questions about their security posture, security road map, and general security satisfaction. Over 500 people took part in Vanta’s State of Startup Security Report 2022, which offers an eye-opening look at how orgs prioritize and prove security. See the data breakdown here.

BITS AND BYTES

Solar tan Francis Scialabba

Stat: The value of recycled solar-panel material could skyrocket from $170 million this year to $2.7 billion in 2030, per an analysis from Rystad Energy.

Quote: “Automation hasn’t led to the doomsday scenario of mass layoffs…In fact, it’s created new roles that didn’t exist before automation.”—Robert Carruthers, acting chief executive at the Chamber of Minerals and Energy of Western Australia, to the Wall Street Journal about automation in mining

Read: A review of Oppo’s augmented reality…monocle.

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WHAT ELSE IS BREWING

  • Militaries are accelerating investment in AI and innovation as a result of the war in Ukraine.
  • Argo.AI, which began testing driverless robotaxis in Miami and Austin earlier this year, has laid off 150 employees—about 6% of its staff.
  • Meta is going to stop making its VR-headset users log into their Facebook accounts.
  • Tesla will begin manufacturing equipment that allows drivers to charge non-Tesla EVs at the company’s Supercharger ports.
  • A right to WFH may soon be instituted in the Netherlands. If an employee’s job can be done remotely, companies would have to at least consider their WFH request.

Snap poll: Do you think companies should have to consider employees’ WFH requests, assuming the job in question can be accomplished from home?

Yes
No

FROM THE CREW

Francis Scialabba

The world is going through a rapid technological evolution—and innovations around food, energy, and health will be key over the next decade. The businesses of today will be disrupted by the technologies of tomorrow.

On September 29, we’re convening hundreds of business leaders and innovators here in New York City to discuss these pressing technologies. You’ve read our newsletter. Now see what’s happening on stage.

But act fast: Ticket prices increase at midnight. Register today to save $200 on your ticket.

READER POLL

Last week, our panel of experts (aka, Emerging Tech Brew readers) weighed in on vertical farming.

The question at hand: How many of you have knowingly tried vertically farmed foods?

  • A quarter of our 1800+ respondents have tried food grown on an indoor farm. A little bit less—22%—have never done so.
  • The remaining 53% of respondents weren’t sure.

Zoom out: While Walmart, Kroger, Whole Foods, and others carry some controlled environment agriculture (CEA) products on their shelves, CEA makes up less than 1% of total produce sales. That figure could increase in the years to come as investment pours into the space and more indoor farms are built.

SHARE THE BREW

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✤ A Note From eToro

Securities trading through eToro USA Securities, Inc. Member of FINRA and SIPC. Crypto Trading through eToro USA LLC, not FDIC insured.

✤ A Note From eToro

Securities trading through eToro USA Securities, Inc. Member of FINRA and SIPC. Crypto Trading through eToro USA LLC, not FDIC insured.

 

Written by Dan McCarthy and Jordan McDonald

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