Believer Meats

Formerly Future Meat Technologies. First foreign company to receive US regulatory approval. Built one of the world's largest cultivated meat facilities before shuttering in December 2025 after failing to reach cost targets.

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$387M

Total Raised

0 (Shut Down)

Team Size

2018

Founded

Patents

Wilson, United States

Technology & Approach

Continuous production using immortalized fibroblast cell lines, animal-component-free media

Funding History

Series B · 2022-03

$347M

Lead: Various

Series A · 2019-10

$14M

Lead: S2G Ventures

Key Milestones

✓FDA clearance (July 2025)
✓USDA approval (October 2025)
✓Shuttered operations (December 2025)
✓200,000 sq ft facility in North Carolina
✓First foreign firm to receive US cultivated meat approval

Leadership

Nicole Johnson-Hoffman

Former CEO

Regulatory Status

United StatesApproved