CellX Tech

About CellX Tech

CellX is a cellular agriculture company headquartered in Shanghai, China. The company focuses on the research and development of cultivated meat and seafood products, aiming to provide sustainable and ethical alternatives to traditional animal agriculture. CellX operates China's largest cultivated meat and seafood facility, named Future Food Factory X (FX), which is described as the country's first large-scale pilot plant for cell-based meat.

The company has developed a low-cost, serum-free culture medium and has achieved production costs below $100 per pound. In addition to cultivated meat, CellX has a parallel program focused on producing mycelium-derived proteins and fats through fermentation. This dual approach allows them to create structured products and potentially hybrid offerings.

CellX has secured significant funding, including a Series A+ round of $6.5 million, bringing its total funding to nearly 200 million yuan. The company's business model involves both producing its own branded products and potentially acting as a B2B supplier of ingredients and technology to other food companies. Their target market is primarily consumers in China, with an ambition for global reach.