Cargill Inc., a Minnetonka based company, invested into a nascent technology which will produce meat without slaughtering animals, according to Bloomberg. It joined Bill Gates, Kimbal Musk, Twitch co-founder Kyle Vogt, and other billion dollar companies which have already invested into this new startup. This technology will be able to produce meat from the self-producing cells of animals

Memphis Meats, a food technology company in San Francisco, received $17 million from Bill Gates, Richardson, Cargill, and other investors for producing "Clean Meat" from animals cells.

Draper Fisher Jurvetson (DFJ) raised the fund for Memphis Meats.

Richard Branson says that in 30 years there will be no need to kill animals

According to Richard Branson, there will be no need to kill animals in 30 years, as the self-producing meat also tastes the same as animal's meat, and it is healthier for every person. He also added that "I’m thrilled to have invested in Memphis Meats.”

This is a big move by Memphis Meats toward a new era of organic food. People are now more conscious towards the organic products and focus on food that can be considered sustainable. Poultry farms and other food companies have started finding the alternatives to the animal meat.

Memphis Meats isolated the cells of pigs and cows for 21 days that have the ability to regenerate and provide them oxygen, sugar, minerals and other nutrients.

The firm used fetal bovine serum from unborn calves' blood to initiate the process and no animal was killed during the whole process. Later, the cells were converted into a meatball or burger, reported by the Daily Mail.

What does the agricultural giant say?

The CEO of Memphis Meats, Uma Valeti said in a statement that "the world loves to eat meat, and it is core to many of our cultures and traditions." He also added that the conventional meat is a great challenge for the animal welfare, environment, and humans which need to be solved.

The company has raised $22 million up to date which is a new progress in a clean-meat movement.

Memphis Meats is in the race with Impossible Foods and Beyond Meat, which makes organic meat. Hampton Creek wants to sell its lab-grown meat to the Walmart. According to the Vanity Fair, the biggest problem that will come in the front to these companies is the amount require to develop the meat artificially. In 2013, Mosa Meat developed the first burger from the lab-grown cells whose cost was $330,000.