Paul Bevan
Founder & CEO, Magic Valley
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Magic Valley
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How to Pitch Deep Tech to Investors With Competing PrioritiesAbout Magic Valley
Magic Valley is a Melbourne-based cultivated meat company founded in 2019 by CEO Paul Bevan, using induced pluripotent stem cell technology to grow meat from animal cells without slaughter. Its first cell donor was a lamb named Lucy, and the company has raised funding towards its first commercial manufacturing facility.
- Business model
- Hardware/biotech (cultivated meat)
- Founders
- Paul Bevan
- Headquarters
- Melbourne
- Markets
- Australia
Sources: magicvalley.com.au, foodprocessing.com.au, businessnewsaustralia.com
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Milestones.
- Founded by Paul Bevan to develop cultivated meatcrunchbase.com
- Secured A$100,000 Industry Growth Program government grantgreenqueen.com.hk
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Spot something wrong? Suggest a correctionUpdated 28 October 2026
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