Believer Meats

Company Overview

Snapshot

Founded in February 2018 by Yaakov Nahmias, Believer Meats operated with 51–200 employees. The company raised a total of $390.25 million across 4 funding rounds from 13 investors. In December 2021, the company secured a significant funding round with participation from Cibus Fund (.

Business overview

Believer Meats, formerly Future Meat Technologies, is a biotechnology company focused on developing a distributive manufacturing platform for producing meat directly from animal cells. This process eliminates the need for raising or harvesting animals, concentrating on the development of fat and muscle cells. The company operates within the Agriculture & Food Technologies sector, specifically in Food Tech and Novel Food & Ingredients, targeting markets such as Food Retail & Consumption, including restaurants and home consumers, as well as the broader Agriculture & Food industry, particularly in livestock and beef segments.

Strategic signal

In December 2025, Believer Meats ceased operations, despite having raised over $390 million in funding. This abrupt shutdown signals significant challenges in scaling cultivated meat production or achieving market viability, raising questions for investors about the long-term commercialization prospects and operational sustainability within the alternative protein industry.

Company Intelligence Q&A

What is Believer Meats' primary focus?

Believer Meats is a biotechnology company that develops a distributive manufacturing platform for producing meat directly from animal cells, without the need to raise or harvest animals. The company focuses on developing technology for fat and muscle cell production.

When was Believer Meats founded?

Believer Meats was founded in February 2018.

What was the outcome for Believer Meats in December 2025?

In December 2025, Believer Meats abruptly ceased operations, despite having secured over $390 million in funding.

Which investors participated in the December 2021 funding round?

In December 2021, Believer Meats received funding from Cibus Fund (ADM Capital) and Menora Mivtachim Group.

What was a notable achievement for the company in August 2020?

In August 2020, Future Meat, now Believer Meats, won Calcalist's FoodTech innovation startup contest.