# Joes Future  Food

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/joes-future-food

- Industry: Food
- Headquarters: Nanjing, China
- Website: www.joesfuturefood.com
- Total disclosed funding: $14M
- Latest round: Series A (Apr 26, 2023)
- Investors on record: 5

## About

Based in Nanjing, China, established in 2019, Zhouzi Weilai doing business named Joes Future Food is a food provider that engages in the R&D and manufacturing of cell culture meat. Shijie Ding, the company's CEO, graduated from Maastricht University Netherlands and has over ten years of experience in R&D, and the industrialization of cell culture meat. In 2019, it created the first piece of cell culture meat. It has made breakthroughs in seed cell extraction and dryness maintenance, cell suspension scale-up production and serum-free medium. In April 2023, Joes Future Food raised series A+ funding from new investor Qiming Venture Partners.

The company provides artificial meat by culturing cells that are culturing animal stem cells in vitro to produce muscle tissue. The R&D processes include seed cell bank, cell engineering, cell culture, and biological process. Compared to the traditional meat growth process of 9 months,  the cell culture meat from culture to meat only required three weeks.

## Funding rounds

- Series A, Apr 26, 2023 — Qiming Venture Partners
- Series A, Oct 18, 2021, $11M — Crystal Stream, MPC, GL Ventures, Nanjing Innovation Capital Group
- Angel, Dec 21, 2020, $3.1M — MPC

## Investors

- MPC — Angel, Series A
- Crystal Stream (https://capitalatlas.ai/funds/crystal-stream) — Series A
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series A
- Nanjing Innovation Capital Group — Series A
- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A