Mermade Seafoods

About:

Mermade an Israeli company that grows oysters from cells in a lab, says it can mitigate the sticky shock by using technology.

Website: https://mermadefoods.com

Top Investors: OurCrowd, Fall Line Capital, Sake Bosch

Description:

Mermade Seafoods is a pioneering cellular aquaculture company, bringing a novel approach and mindset for the production of cell based seafood. Our approach enables mass production of cultured seafood using a sustainable and recyclable fermentation-based process that results in clean, healthy, and sustainable protein-rich seafood products, bringing food security for future generations. Technology: Mermade Seafoods aims to be the first company to provide a circular method of production that will revolutionize the cell-based fermentation industry by using side-stream valorisation of growth media. The company's ground breaking technology is based on upcycling biological waste products from spent growth media and turn it into new, nutrient-rich food for the growing cells. This transformative technology enables the resolution of the biggest challenges the cell-based industry is facing - high production costs, and waste accumulation. Mermade Seafoods's™ technology is based on a well-known practice in conventional aquaculture known as aquaponics, adapted to the cellular level to spearhead the next revolution of cellular agriculture by creating a new agrotech field of Cytoponics.

Total Funding Amount:

$4.8M

Headquarters Location:

Jerusalem, Yerushalayim, Israel

Founded Date:

2021-07-01

Contact Email:

Daniel(AT)mermadefoods.com

Founders:

Number of Employees:

1-10

Last Funding Date:

2022-06-01

IPO Status:

Private

Industries:

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