Wildtype

Wildtype

Produces lab-grown seafood, primarily salmon

About

Wildtype Foods focuses on producing lab-grown seafood, specifically clean salmon, using a method that replicates the natural growth process of wild salmon. Their production system resembles a brewery, where the salmon are nurtured with the same nutrients found in the wild. This approach allows Wildtype to offer a sustainable alternative to traditional seafood, addressing the environmental concerns associated with overfishing and ocean depletion. Unlike competitors, Wildtype targets a diverse clientele, including restaurants and environmentally-conscious consumers, promoting accessibility to sustainable seafood options. The company's goal is to alleviate pressure on ocean ecosystems while providing a viable solution for the growing demand for seafood.

Company Stage

Late Stage VC

Employees

51-200

Industries

Food & Agriculture, Biotechnology

Total Funding

$120.1M

Headquarters

San Francisco, California

Founded

2016


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Simplify's Take

What believers are saying

  • Growing consumer demand for mercury-free seafood aligns with Wildtype's offerings.
  • The seafood industry's projected growth offers market expansion opportunities for Wildtype.
  • Strong VC investment environment in California supports Wildtype's financial growth.

What critics are saying

  • Increased competition from other sustainable food tech companies recognized by TIME Magazine.
  • Rapid seafood sector growth may pressure Wildtype to scale production quickly.
  • Pullback in alternative protein interest could affect Wildtype's market growth.

What makes Wildtype unique

  • Wildtype focuses on lab-grown salmon, a niche within the sustainable seafood market.
  • The company uses cellular agriculture to produce clean, sustainable fish and meat.
  • Wildtype's production mimics natural salmon growth, reducing ocean pressure.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

1%

2 year growth

1%

Benefits

Mentorship, educational reimbursement, and professional growth

Health, vision, & dental coverage

Commuter & culinary benefits package

401k matching

Stock options

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