Believer Meats

Company Overview

Snapshot

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

Business overview

Believer Meats, formerly Future Meat Technologies, is a biotechnology company focused on developing a distributive manufacturing platform for the non-GMO production of meat directly from animal cells, eliminating the need for animal harvesting. The company's core technology centers on cultivating fat and muscle cells to create animal-free meat products. It operates within the Agriculture & Food Technologies sector, specifically targeting the novel food and ingredients market, with a focus on sustainable proteins.

Strategic signal

In December 2025, Believer Meats ceased operations despite having raised over $390 million in funding. This abrupt shutdown signals significant challenges within the cultivated meat industry, highlighting potential hurdles in commercialization, scalability, or market acceptance that can impact even well-funded ventures.

Company Intelligence Q&A

What is Believer Meats' primary focus?

Believer Meats is a biotechnology company that develops a manufacturing platform for producing meat directly from animal cells without raising or harvesting animals, focusing on fat and muscle cell cultivation.

When was Believer Meats founded?

Believer Meats was founded in February 2018 by Yaakov Nahmias.

What was a significant funding event for Believer Meats?

In December 2021, Believer Meats raised a B Round of funding, with Cibus Fund (ADM Capital) and Menora Mivtachim Group participating.

What is the current operational status of Believer Meats?

Believer Meats is non-active and ceased to operate in December 2025.

What was the total capital raised by Believer Meats?

Believer Meats raised a total of $390.25 million across 4 funding rounds.