VegNews Daily

In Vitro Leather Company Receives Big Investment

A Hong-Kong-based investment firm is helping Modern Meadow bring leather to the masses without harming animals or the environment.

Modern Meadow, a company that produces lab-borne leather, recently received a $10 million investment from Horizon Ventures firm. As the demand for leather continues to expand throughout the world, Modern Meadow aims to produce the clothing material without harming any animals or implementing the ecologically-harmful process of chemical treatment that leather usually requires. Instead, Modern Meadow uses biopsied cow skin cells to cultivate its leather in a laboratory, creating the product faster and more efficiently, without the blemishes or imperfections of traditional leather. Modern Meadow is not the first veg-friendly company that Horizon Ventures has invested in—the Hong Kong-based company has also given green to Hampton Creek Foods, a promising purveyor of plant-based eggs and mayonnaise. Currently, Modern Meadow has 10 employees, but the company whose headquarters are in Brooklyn, can now increase its staff size and make animal-friendly animal products a reality.

 Comments

Mercy For Animals Celebrates 15 Years of Advocacy

The animal-advocacy group toasts 15 years of activism with a star-studded event in Los Angeles.
Read More »

McDonald's Australia to Phase Out Battery Cage Eggs

The fast-food chain announces landmark decision this week to only source cage-free eggs.
Read More »

Veggie Grill Opens 26th Location

The all-vegan restaurant chain opens its newest eatery in Northern California.
Read More »

Ellen DeGeneres’ Personal Chef to Open Vegan Restaurant

Roberto Martin to open plant-based eatery in Los Angeles in 2015.
Read More »

Northern California Animal Sanctuary Rescues 2,000 Hens

Animal Place saves slaughter-bound chickens from California battery cage egg farm.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »