Post by mdshamiul on Feb 15, 2024 6:55:14 GMT -5
Netherlands-based aquaculture investment fund Aqua-Spark led the round, along with additional investors The Kitchen Hub, Peregrine Ventures, PICO Venture Partners, MOREVC and CPT Capital.
Today, FoodTech startup Wanda Fish Technologies , Ltd. announces it has secured $7 million in seed funding. The round was led by Netherlands- based global aquaculture investment fund Aqua-Spark , with additional Netherlands Email List funding from previous investors Strauss Group's The Kitchen Hub, Peregrine Ventures, LLC, PICO Venture Partners, MOREVC and CPT Capital , LLP. Since its inception, Wanda Fish has raised $10 million in funding .
Founded in 2021 by The Kitchen Hub and Daphna Heffetz, a leading figure in biotechnology-based innovation, Wanda Fish develops premium-quality farmed fish outside the ocean. This new injection of capital will boost Wanda Fish's ability to accelerate the creation and scale up of a whole fillet of farmed bluefin tuna .
These cuts replicate the texture, flavor, and nutritional value of wild-caught bluefin tuna , as they comprise the muscle and fat cells of the fish and contain the same native proteins and fatty acids, including omega-3s and other essential nutrients. As a farmed steak, Wanda Fish's farmed bluefin tuna is free of common ocean contaminants, such as mercury, and is produced under non-GMO standards.
“We are excited and feel incredibly fortunate to collaborate with Aqua-Spark to advance our company,” says Daphna Heffetz, Ph.D., co-founder and CEO of Wanda Fish . «We are on a shared mission to improve the global food value chain, creating a tasty and more sustainable future for all. This financial backing from leading global venture funds gives us significant leverage to produce sustainably grown , cruelty-free, and ocean-friendly food. Farmed bluefin tuna is a reality .”
Valued for its nutritional content, texture and flavor, bluefin tuna is an expensive and sought-after species that is particularly popular among high-end sushi restaurants due to its perfect balance of fat and protein.
Another factor driving demand is the inaccessibility of bluefin tuna. Overfishing of bluefin tuna has brought it to the brink of danger, leading governments to significantly limit fishing quotas. Meanwhile, bluefin tuna farming is considered unsustainable due to food resources , pen size requirements, and the difficulty of breeding in captivity. Additionally, tuna is one of the most polluted fish in the oceans, often contaminated with plastic waste and extremely high levels of heavy metals such as mercury, intensifying the need for an accessible and stable supply of sustainable alternatives.
Today, FoodTech startup Wanda Fish Technologies , Ltd. announces it has secured $7 million in seed funding. The round was led by Netherlands- based global aquaculture investment fund Aqua-Spark , with additional Netherlands Email List funding from previous investors Strauss Group's The Kitchen Hub, Peregrine Ventures, LLC, PICO Venture Partners, MOREVC and CPT Capital , LLP. Since its inception, Wanda Fish has raised $10 million in funding .
Founded in 2021 by The Kitchen Hub and Daphna Heffetz, a leading figure in biotechnology-based innovation, Wanda Fish develops premium-quality farmed fish outside the ocean. This new injection of capital will boost Wanda Fish's ability to accelerate the creation and scale up of a whole fillet of farmed bluefin tuna .
These cuts replicate the texture, flavor, and nutritional value of wild-caught bluefin tuna , as they comprise the muscle and fat cells of the fish and contain the same native proteins and fatty acids, including omega-3s and other essential nutrients. As a farmed steak, Wanda Fish's farmed bluefin tuna is free of common ocean contaminants, such as mercury, and is produced under non-GMO standards.
“We are excited and feel incredibly fortunate to collaborate with Aqua-Spark to advance our company,” says Daphna Heffetz, Ph.D., co-founder and CEO of Wanda Fish . «We are on a shared mission to improve the global food value chain, creating a tasty and more sustainable future for all. This financial backing from leading global venture funds gives us significant leverage to produce sustainably grown , cruelty-free, and ocean-friendly food. Farmed bluefin tuna is a reality .”
Valued for its nutritional content, texture and flavor, bluefin tuna is an expensive and sought-after species that is particularly popular among high-end sushi restaurants due to its perfect balance of fat and protein.
Another factor driving demand is the inaccessibility of bluefin tuna. Overfishing of bluefin tuna has brought it to the brink of danger, leading governments to significantly limit fishing quotas. Meanwhile, bluefin tuna farming is considered unsustainable due to food resources , pen size requirements, and the difficulty of breeding in captivity. Additionally, tuna is one of the most polluted fish in the oceans, often contaminated with plastic waste and extremely high levels of heavy metals such as mercury, intensifying the need for an accessible and stable supply of sustainable alternatives.