Proveg NFH underwater landscape

Image: ProVeg International

Seafood

Uncovering the Future of Seafood, Minus the Sea

The seafood sector is a vast and continually expanding industry, currently valued at over USD 257 billion[1] and experiencing annual growth. To illustrate the magnitude of this expansion, global fish consumption has risen by approximately 30% since 1998.[2] However, experts anticipate a further 80% increase by the year 2050.[3] Furthermore, analysts forecast that the Earth’s oceans will struggle to meet such escalating demands, as more than 90% of ‘fish stocks’ …

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Wildtype_Salmon_Nigiri_On_White

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General

Wildtype Expects to Launch Sushi-Grade Cultivated Salmon in US Restaurants This Year

San Francisco’s Wildtype, which raised an incredible $100 million in Series B last year from investors including Leonardo DiCaprio, says it expects to launch its cultivated sushi-grade salmon in restaurants later this year. Wildtype’s co-founder Justin Kolbeck told IntraFish that the company is waiting to complete the FDA’s pre-market consultation that studies the safety of its cultivated salmon and that when the process concludes, Wildtype will be able to commercialize. …

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Wildtype salmon

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Company News

South Korea’s Third-Largest Conglomerate SK Invests $7M in Wildtype Cultivated Salmon

SK Inc., the investment arm of South Korea’s third-largest conglomerate SK Group, has announced a $7 million investment in US-based cultivated salmon producer Wildtype. The Korean firm explained that it is looking to increase its investments in companies with excellent environmental, social, and corporate governance credentials. The conglomerate also reveals that it is working to form a joint venture between Perfect Day and Korean dairy producer Maeli Dairies, with the …

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Seafood

Is Cultivated Fish Possible at Scale? Find Out From Co-Founder Arye Elfenbein of Wildtype

What will it take to make enough fish from cells to feed the world? If so, what will it take to make enough fish from cells to feed the world? Find out from Co-Founder Arye Elfenbein of Wildtype on this episode of The Plantbased Business Hour with Elysabeth Alfano.  Specifically, they discuss: The benefit of cultivated fish over wild-caught or commercially farmed fish, How Wildtype procures their cell lines, What is the …

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Wildtype raises $100 million

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Investments & Finance

Wildtype Raises $100 Million in Largest Ever Series B Round for Cultivated Seafood Company

Wildtype raises $100 million from investors including Leonardo DiCaprio to expand production capacity in preparation for market launch. San Francisco-based cultivated salmon startup Wildtype has raised $100 million in its Series B funding round. Led by L Catterton, the round is the largest ever for a cultivated seafood company. The list of investors includes Leonardo DiCaprio, Bezos Expeditions, Temasek, Cargill, several notable chefs and athletes, and more. The round takes …

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founders of cultivated salmon company Wildtype

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Seafood

Cultivated Salmon Producer Wildtype Announces Retail & Restaurant Partnerships Across USA

In what may be a first for the industry, US cultivated salmon producer Wildtype has announced distribution partnerships with SNOWFOX and Pokéworks. SNOWFOX operates sushi bars at 1,230 grocery locations across the US, while Pokéworks is a rapidly-growing fast-casual restaurant chain that currently has 65 locations. These partnerships will ultimately allow customers to sample Wildtype’s cultivated sushi-grade salmon for the first time. “We believe that people should have the option …

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Wildtype's cultivated salmon nigiri

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General

Wildtype Unveils “World’s First” Cell-Cultured Salmon Pilot Plant and Sushi Bar

Sushi-grade cell cultured salmon pioneer Wildtype has announced the opening of its new pilot plant in San Francisco. Claiming to be the first operational pilot plant in the world, the facility will be able to produce upwards of 200,000 pounds of cell-cultured seafood per year when at maximum capacity. “Our pilot plant will showcase the promise and wonder of growing fish fillets using cell cultivation” Designed by acclaimed architect Shuo …

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