US cell-cultured seafood company Cultured Decadence has raised $1.6 million in an oversubscribed round of pre-seed funding. The Wisconsin-based company has also received the first-ever state government funding of cellular agriculture to produce the first cell-cultured lobster meat in North America, as the market for alt seafood continues to grow.
UPSIDE Foods Acquires Seafood Startup Cultured Decadence to Accelerate Cultivated Lobster
UPSIDE Foods, formerly known as Memphis Meats, has acquired cultivated seafood startup Cultured Decadence, which specializes in cell-cultured lobster. The startup will adopt the UPSIDE brand while remaining in Wisconsin as part of UPSIDE’s midwestern technology hub. The acquisition follows the recent opening of UPSIDE’s $50 million Engineering, Production & Innovation Center (EPIC) in California last year, the world’s most advanced facility for producing cultivated meat, poultry and seafood. According …
MarineXcell: Unique Stem Cell Technology for Cultivated Shrimp, Lobster, and Crab
90% of the world’s shellfish stocks are exploited, overexploited, or depleted, gravely affecting marine ecosystems. The FAO estimates that by 2030, global demand for shellfish will rise significantly, challenging traditional production methods, including aquaculture. “Cultured shellfish meat emerges as a strategic response to these challenges,” Prof. Yosef Buganim, CSO of the Israeli startup MarineXcell, told Cultivated X. MarineXcell, founded in 2023 by Buganim, an HHMI international scholar renowned for pioneering …