SoftBank co-led a series B round for the cell-based meat developer that included Cargill and Tyson Foods, with the cash to go to a pilot manufacturing facility.

US-based cellular meat developer Memphis Meats completed a $161m series B round yesterday that was co-led by internet and telecommunications group SoftBank. Venture capital firm Norwest Venture Partners and Singaporean state-owned investment firm Temasek co-led the round, which included agribusiness Cargill and meat product supplier Tyson Foods. The round was filled out by backers including…

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