CULT Food Science joins Newlab in Cellular Agriculture Venture Studio
July 4, 2022 | By Monica Ferguson
Photo: CULT Food Science Corp. Photo: CULT Food Science Corp.
CULT Food Science is joining Newlab Cellular Agriculture Venture Studio in New York City as a partner and advisor.
The Venture Studio is focused on growing business-to-businesses ventures in the cellular agriculture space. It will manage a coalition of experts, venture capitalists, civic organizations, not-for-profits and corporations, that can guide and advise on the creation and growth of the new ventures.
“The Venture Studio with Newlab provides a unique model that fits well with the overall strategy of CULT Food Science – it provides an avenue for new ideas and intellectual property to be developed from the ground up, with skilled experts and an eye for really pushing the boundaries of what has been done to date globally,” said Lejjy Gafour, CEO, CULT Food Science. “Between CULT and Newlab, we will be working hard to become a driving force for new innovations in the industry over the coming years.”
CULT and Newlab will work to identify opportunity areas for new businesses to address industry challenges, including supply, networks, and services.
The Venture Studio is seeking people who may be a scientist, inventor or operator interested in building in a collaborative environment. Up to three people will selected to work with the Newlab team over three-to-five months to identify, validate and prioritize businesses.
