Kernel Mycofood™ Advances to Semifinals in $15M XPRIZE Feed the Next Billion Competition

LONDON, UK – July 13, 2021 – Kernel Mycofood Corp (“Kernel” or the “Company”), a leading biotech company dedicated to advancing the intersection of technology and biology to address some of the most critical challenges facing our planet, has been chosen from a competitive pool of hundreds to develop sustainable food solutions for future generations. Dubbed the “Olympics of Science”, the XPRIZE competition challenges teams to create alternatives to chicken breasts and fish fillets with similar sensory properties but significantly reduced environmental impacts.

Kernel is poised to not only match the taste and versatility of traditional meat but to surpass it in health benefits, while drastically reducing land use, water consumption, and energy use compared to poultry production.

Amid growing consumer demand for ethical food sources, Kernel asserts that traditional livestock farming cannot sustainably feed the global population. Kernel is committed to reinventing the food industry through technology, making sustainability foundational rather than an afterthought.

XPRIZE founder Peter H. Diamandis highlighted the urgency of the mission: “With the global population heading towards 9.7 billion by 2050 and a rising demand for high-quality protein, our planet cannot sustain the environmental impact of traditional livestock. A more sustainable, scalable approach is urgently needed.”

Kernel’s innovative product aligns with several UN Sustainable Development Goals, offering a high-quality, protein-rich, sustainable, and affordable ingredient.

About XPRIZE Feed the Next Billion
The $15M XPRIZE Feed the Next Billion is a three-year competition incentivizing the creation of chicken and fish alternatives that excel in accessibility, environmental sustainability, animal welfare, nutrition, and sensory properties. The competition was initiated following XPRIZE’s Future of Food Impact Roadmap, which identified necessary breakthroughs for a secure and sustainable food system by 2050. This challenge focuses on scaling alternative proteins to meet global needs.

Learn more about XPRIZE at https://www.xprize.org/prizes/feedthenextbillion.

About Kernel Mycofood Corp
Kernel Mycoffod Corp is at the forefront of biotechnological innovation, dedicated to advancing the intersection of technology and biology to address some of the most critical challenges facing our planet. Founded with the vision to revolutionize food systems and material production, Kernel leverages cutting-edge advancements in artificial intelligence, robotics, and bioprocessing to create sustainable solutions that are not only viable but vital for the future.