New research from nonprofit Innovate Animal Ag (IAA) suggests that in-ovo sexing technology enabling hatcheries to determine the sex of chicks before they hatch has a market penetration of almost 15% in the EU, although it has yet to gain any traction in the US. While the egg industry has been trying to end the practice for years, many consumers are unaware that it slaughters billions of male chicks every year… but not to put meat on the table. Right now, hatcheries incubate billions of eggs, wait 21 days for them to hatch, hire trained ‘sexers’ to determine their sex, and then cull 50% of their chicks (via suffocation or grinding) because the males are of no use to the food industry. They can’t lay eggs, and there’s no market for their meat, as the breeds of chicken used in the egg and meat industries are different

Exscientia plc (Nasdaq: EXAI) kondigde vandaag aan dat het bedrijf een subsidie van $2,3 miljoen heeft ontvangen van Open Philanthropy, een filantropi

Want to save and revisit your favorite articles? Upgrade to vegconomist+ and unlock our new bookmark feature. Subscribe today and enjoy a wide range of exclusive perks to gain a competitive edge in the vegan business world!New York-based biomanufacturing company Synonym has secured funding from Open Philanthropy to further its research into gas fermentation technology for sustainable food production.Recognized for its efforts in developing infrastructure for the biomanufacturing industry, Synonym plans to use the funding to conduct comparative techno-economic assessments of single-cell protein production using various gas fermentation techniques. The company is keen to assess the potential financial benefits of gas fermentation in comparison to processes that utilize plant-based carbon sources such as dextrose.The examination will be facilitated by Synonym’s team of process engineering and capital markets experts and will incorporate evaluation of capital expenditures related to various process designs, as well as comprehensive operating expenses, including nutrient media, staffing, utilities, and more.Fermentation at scaleSynonym recently released The State of Global Fermentation Report, offering insights into existing microbial fermentation capacity and profitability drivers. The report emphasized the necessity for facilities to support ongoing technological advancements to prevent obsolescence, highlighting scale as a key factor in achieving price parity.Crystal Bleecher, Vice President of Engineering at Synonym, comments, “The funding from Open Philanthropy will help us evaluate different adaptable feedstock processes for generating sustainable feed sources at larger scales. We are excited to contribute to Open Philanthropy’s mission to build more secure and resilient global systems, including the food system.”