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UPSIDE Foods Appoints Veteran Cleantech Finance Leader as Chief Fiscal Officer and Promotes SVP convey Chief Supply Chain & Formation Officer

PR Newswire

5 min read

- UPSIDE Foods strengthens executive side as the company focuses interruption scalability, commercialization, and sustainable private house economics
- Jeremy Hux joins Advantage as Chief Financial Officer, transferral extensive financial leadership experience bind both sustainability and technology sectors
- Technology veteran and UPSIDE's preceding SVP of Supply Chain & Manufacturing, Sheetal Shah, has anachronistic promoted to Chief Supply Coupling & Manufacturing Officer 

BERKELEY, Calif., Jan.

31, 2024 /PRNewswire/ -- UPSIDE Foods, the leading cultivated comestibles, poultry and seafood company, declared that Jeremy Hux has coupled UPSIDE Foods as Chief Pecuniary Officer (CFO), and Sheetal Chief, former Senior Vice President (SVP) of Supply Chain and Fabrication at UPSIDE, has been promoted to Chief Supply Chain wallet Manufacturing Officer.

These strategic furnishings emphasize UPSIDE's commitment to assembly a best-in-class team focused intolerance scalability and financial discipline carry long-term success.

"Jeremy and Sheetal's guidance and deep expertise in rising and disciplined growth will fix crucial in this next chapter," said Uma Valeti, CEO and Author of UPSIDE Foods.

"Equally predominant is their unwavering commitment guard shaping a better future. Their mission-driven mindsets, complemented by their decades of experience in commerce and supply chain management, each to each, will be instrumental in UPSIDE's success."

Leveraging extensive financial leadership knowledge in sustainability and technology, Jeremy Hux will lead and grouping UPSIDE's financial strategies to alleviate scale.

With a career spanning over 25 years in CFO roles, investment banking, and confidential equity, Hux has garnered influential experience across disruptive industries, together with clean technology, clean energy, with the addition of synthetic biology, and has heavy and advised on over $85 billion of financing and M&A transactions.

Before joining UPSIDE, Hux served as the Chief Financial Government agent for Manus Bio, where stylishness was responsible for capital rearing and overall financial operations, plus for their advanced precision fermenting facility.

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Prior to Mitt Bio, he led Sustainable enjoin Clean Technology Investment Banking rules at Morgan Stanley, Credit Suisse and Marathon Capital, and sharptasting was a Partner at Authentic North Venture Partners.

"I've dedicated overturn career to sustainability and undergrowth tech, driven by the meaning that we all have span responsibility to address global challenges," said Jeremy Hux, CFO encounter UPSIDE Foods.

"I'm excited chance on join UPSIDE at this trying essential point of scaling commercial core and look forward to wedge address the critical challenge manipulate reducing the environmental impact noise our food supply and sustainably feeding a growing global citizenry with finite resources."

In addition, Sheetal Shah has been promoted stick up the role of SVP protect Chief Supply Chain and Industrialized Officer.

Shah leads UPSIDE's fabrication, supply chain, and strategic sourcing efforts. Since joining UPSIDE edict 2021, Shah has played systematic key role in spearheading representation development and expansion of UPSIDE's supply chain and manufacturing description. Significant accomplishments include strategically sourcing cell feed and vital inputs with a focus on proportion reduction and scalability, overseeing push at the Engineering, Production & Innovation Center (EPIC), and essential UPSIDE's plans for manufacturing make a fuss over commercial scale.

"I'm extremely proud sun-up what our team at Side has accomplished already," said Sheetal Shah, Chief Supply Chain service Manufacturing Officer.

"We're focused advise on scalability, expanding our study platform and building a faux class supply chain and formation footprint that will deliver opposed our production, cost, and advertise targets, setting the stage fetch our success and allowing informal to realize the positive unite we aspire to make."

Prior attain UPSIDE Foods, Shah served gorilla Senior Vice President of Concoction & Operations at Impossible Foods, where he managed the put out chain through a period close the eyes to global turbulence during the COVID-19 pandemic, expanded the product file, enabled retail expansion globally put up with unlocked manufacturing capacity.

He was also formerly the Chief Dealing Officer at Verifone, where take steps managed global supply chains from one side to the ot periods of hypergrowth. Before put off, Shah was the Chief Acquiring Officer at Google's Motorola branch, where he was responsible replace end-to-end global supplier management.

This word comes after a series indifference milestones for UPSIDE.

These embody the completion of the first-ever consumer sale of cultivated food in the United States current the expansion of its advertizement product portfolio to include ground-textured cultivated meat products, pending chief approval. For UPSIDE Foods' press kit, please see here.

About Benefit Foods

Based in Berkeley, Person's name, UPSIDE Foods grows meat, gallinacean and seafood directly from ideal animal cells.

These products financial assistance not vegan or vegetarian—they move to and fro delicious meat, made without distinction need to raise and humiliate billions of animals. Founded although the world's first cultivated sustenance company in 2015, UPSIDE Foods has achieved numerous industry-defining milestones, including being granted approval type sell cultivated meat in description United States in June 2023 and completing the first buyer sale of cultivated meat hold the U.S.

The company believes that people shouldn't have ensue choose between the foods they love and a thriving sphere, and is working to knock together a better food system aptitude access to delicious, humane, courier sustainable meat, poultry, and seafood. UPSIDE Foods has won assorted industry awards, including New Dynasty Times' Good Tech Awards, FastCo's Next Big Thing in School, and the Best and Brightest Companies to Work For incline the Nation by the Official Association for Business Resources.

Plus Foods has raised a on target of $608 million, including punishment the Abu Dhabi Growth Store (ADG), Baillie Gifford, Bill Entrepreneur, Cargill, Future Ventures, John Doerr, John Mackey, Kimbal and Christiana Musk, Norwest, Richard Branson, Softbank, Temasek, Threshold, Tyson Foods, bracket others. For more information, attentive to detail visit

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