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Food and Agriculture Tech Series B Founded 2017

Finless Foods

Finless Foods uses synthetic biology to culture fish meat for human consumption, developing cellular agriculture technology that isolates stem cells from fish and cultures them in brewery-like environments into fish fillet products. The company uses indigenous growth media to grow cells and harvest them into fish meat with texture similar to conventional fish. Founded in 2017 and headquartered in New York City,…

📍 New York City, United States · Food Tech

Funding snapshot

Last roundSeries B
Amount$34M
Date7 March 2022
Total raised$48M
Team size20

About

Finless Foods uses synthetic biology to culture fish meat for human consumption, developing cellular agriculture technology that isolates stem cells from fish and cultures them in brewery-like environments into fish fillet products. The company uses indigenous growth media to grow cells and harvest them into fish meat with texture similar to conventional fish. Founded in 2017 and headquartered in New York City, Finless Foods has raised approximately $48M in Series B funding from investors including Hanwha Solutions, Dainichi, At One Ventures, Draper, SOSV, Blue Horizon, Starlight Ventures, and Sustainable Ocean Alliance. The company addresses overfishing, ocean pollution, and mercury contamination concerns associated with conventional seafood by producing fish meat without catching fish, offering a sustainable alternative that can be produced in controlled environments with consistent quality and without environmental contaminants.

Business model

Food Tech > Novel Foods > Food Products > Alternative Proteins > Seafood Substitute > Lab Grown,

Plug and Play Tech Center Batches > Food & Beverage > Batch 3,

SOSV Batches > INDIE.BIO

Institutional investors

BABEL Ventures Hanwhasolutions Dainichi At One Ventures Olive Tree Capital Draper Sustainable Ocean Alliance Gaingels SOSV Humboldt Fund Climate Capital Break Off Capital U-Start Blue Horizon Hemisphere Ventures

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