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Food and Agriculture Tech Seed Founded 2021

forseafoods

Forsea Foods develops cultivated seafood using proprietary organoid technology that allows cells to differentiate and grow autonomously, harnessing natural tissue formation methods. The company's first product is cell-cultured freshwater eel (unagi), targeting an endangered species coveted in Asian markets. Forsea's technology platform offers significant advantages including simpler and more cost-effective…

📍 Ashdod, Israel · Food Tech

Funding snapshot

Last roundSeed
Amount$5M
Date26 October 2022
Total raised$5M
Team size21

About

Forsea Foods develops cultivated seafood using proprietary organoid technology that allows cells to differentiate and grow autonomously, harnessing natural tissue formation methods. The company's first product is cell-cultured freshwater eel (unagi), targeting an endangered species coveted in Asian markets. Forsea's technology platform offers significant advantages including simpler and more cost-effective production, reduced growth factor usage, no scaffolding requirements, non-GMO products, and rapid cell growth. Founded in 2021 and headquartered in Ashdod, Israel, the company has raised approximately $5.2M in seed funding from investors including PeakBridge, The Kitchen Hub, and Hack Capital. Forsea differentiates itself through its organoid approach that makes price parity an achievable reality, producing cultivated seafood very similar to how nature does it, effectively overcoming major industry challenges in scalability and cost.

Business model

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

Team background

College Wise > University of Pennsylvania

Institutional investors

Target Global PeakBridge ZORA FoodHack The Kitchen Hub Milk & Honey Ventures Future Food Fund

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