You probably thought that if you could see your steak on the end of your fork, you already had eaten “3D meat.” However, Breakout Labs, the biotech foundation funded by billionaire Peter Thiel, announced this week that it will invest in a start-up that “makes 3D printed meat…us[ing] bioprinting technology.” What does this mean in layman’s terms? Basically, the company receiving the grant, Modern Meadow, hopes to use animal stem cells to create an “environmentally friendly alternative” to your T-bone steak. If they succeed, you could enjoy your filet in total comfort, happy in the knowledge that no real cow had to die a gruesome death to make your dinner a pleasant experience. The company hopes to apply the same process to the creation of leather, which would enable the vegans of the world to once again begin wearing cowhide jackets and boots.
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Carole VanSickle is the editor-in-chief of the Bryan Ellis Investing Letter.