| Founded | 2015 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Foodtech |
| Collapse type | Mass Layoff Spiral |
| Founder | Uma Valeti |
UPSIDE Foods
"FDA-approved cultivated chicken that cost more to make than the rarest Wagyu."
Cascading layoffs that accelerated the decline
Key Events Timeline
UPSIDE Foods (formerly Memphis Meats) raised $608M and gained historic FDA approval for cultivated chicken in 2022, followed by USDA approval in June 2023.
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