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Lab Grown Burgers Are Launching, Meta's AI Chip Move, and Nasdaq's Newest Robotics Listing

Uncovering the world’s most exciting early stage companies. Discover what’s next.

April 19, 2024

The Launch Of Lab Grown Meat Burgers

Mosa Meat has received regulatory approval to launch their lab grown meat burgers in Singapore, and is ramping up their production capabilities ahead of the official launch. They have raised $42.4 million in a new financing round led by Lowercarbon Capital, the venture fund launched by Chris Sacca that focuses on backing companies at the forefront of lowering carbon emissions.

Meta Joins The AI Chip Race

Meta (NASDAQ: META) has announced they are developing their own chips for artificial intelligence computing power. The company is planning to deploy their own purpose built chips across their data centres in an effort to reduce their dependence on other hardware providers and lower the costs of computing power for training their generative artificial intelligence workloads and large language models.

Serve Robotics Hits The Nasdaq

Serve Robotics (NASDAQ:SERV) has officially begun trading on the Nasdaq, landing $40 million in new funding in the process. Robotic delivery technology and the applications enabled by the rapid growth in artificial intelligence have been a popular area of venture capital and M&A of late. AI chip maker Nvidia (NASDAQ: NVDA) owns a 14.3% ownership stake in Serve Robotics.

The Sprint

The Markets This Week

+29.6% | Talon Metals (TSX:TLO). The company announced their plans to expand drilling and exploration efforts at their Tamarack Nickel Project in Minnesota, which will be partially funded by the US Department of Defense. Multiple insiders of Talon have recently purchased shares of the company in the open market.

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