Mermade Seafoods

company

About

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

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$3.30M
Industries
Biotechnology,CleanTech,Food and Beverage,GreenTech
Founded date
Jul 1, 2021
Number Of Employee
1 - 10
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$3.30M
Mermade Seafoods has raised a total of $3.30M in funding over 2 rounds. Their latest funding was raised on Jun 1, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 1, 2022 Seed $3.30M 1 OurCrowd Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Mermade Seafoods is funded by 1 investors. OurCrowd are the most recent investors.
Investor Name Lead Investor Funding Round
OurCrowd Yes Seed