# Why Jim Mellon Is Still All In on Alternative Protein After Five Years

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Text version: https://stenobird.com/podcast/business-for-good-podcast-641837/why-jim-mellon-is-still-all-in-on-alternative-protein-after-five-years.md
Podcast: [Business for Good Podcast](https://stenobird.com/podcast/business-for-good-podcast-641837)
Published: 2026-05-01T13:00:00+00:00
Episode link: https://businessforgoodpodcast.libsyn.com/why-jim-mellon-is-still-all-in-on-alternative-protein-after-five-years
Audio file: https://traffic.libsyn.com/secure/businessforgoodpodcast/V2_Ep_189_Jim_Mellon.mp3?dest-id=761849
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Duration seconds: 3083

## Resource

Episode Summary: Five years ago, billionaire investor Jim Mellon came on Business For Good and laid out his thesis that cultivated meat and precision fermentation would transform the food system. Since then, venture capital has fled the space, plant-based stocks have cratered, and many startups have gone under. So why is Jim putting even more money in? In this episode, Paul Shapiro reconnects with Jim Mellon, Author of Moo's Law and Chairman of Agronomics, to find out what has changed and what hasn't. Jim reveals that his portfolio company, Clean Food Group, is producing precision fermentation-based palm oil, olive oil, and cocoa butter at a factory near Liverpool that is already sold out to buyers, including Mondelēz. He shares how media costs for cultivated meat have dropped from nearly $1,000 per liter to under three cents, and why he expects the company to go public later this year in what could be the first IPO of a precision fermentation company. The conversation also covers why the Middle East may become the next major hub for alternative protein infrastructure, how robotics could improve agricultural yields and reduce food waste, and what Jim plans to change in the updated edition of Moo's Law. He also explains why, despite personal wealth, no single investor can fund the scale of infrastructure this industry requires. Things You Will Learn: How precision fermentation-based oils are already reaching price parity with conventional palm oil, olive oil, and cocoa butter. Why cultivated meat media costs have dropped from roughly $1,000 per liter to under three cents in just a few years. Why the Middle East could become the next major hub for alternative protein manufacturing. What Jim Mellon plans to change in the updated edition of Moo's Law. How robotics and AI c…

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