Israeli Company Raises $5.2M for Cultivated Eel
- bethchampion
- Oct 27, 2022
- 1 min read
Updated: Dec 1, 2023
Forsea Foods has raised $5.2 million in seed funding to accelerate research and development for its cultivated seafood including cultivated eel. The first company to use organoid technology to cultivated seafood products, a technology that bypasses the scaffolding stage and requires fewer bioreactors. Forsea plans to open its pilot plant next year.
“Forsea is poised to make a dramatic impact on the seafood ecosystem. Its pillar platform solves a bottleneck in the cultivated meat industry by creating affordable, ethical, cultivated seafood products that can replace vulnerable fish species," - Shmuel Chafets, executive chairman and founder of Target Global, which led the funding round.

Image Credit: Forsea Foods
Comentarios