Wildtype

Wildtype

Produces lab-grown seafood alternatives

About Wildtype

Simplify's Rating
Why Wildtype is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Food & Agriculture

Biotechnology

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$120.1M

Headquarters

San Francisco, California

Founded

2016

Overview

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. Wildtype serves a variety of clients, including restaurants and food service providers, catering to those who prioritize sustainability in their food choices. Unlike traditional seafood production, which can harm ocean ecosystems, Wildtype aims to alleviate this pressure by offering an alternative that is both sustainable and accessible. The company's goal is to promote environmentally-friendly seafood options and contribute to a more sustainable food industry.

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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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Funding

Total Funding

$120.1M

Above

Industry Average

Funded Over

4 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Mentorship, educational reimbursement, and professional growth

Health, vision, & dental coverage

Commuter & culinary benefits package

401k matching

Stock options

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

2%
Vegconomist
Mar 11th, 2024
Time’S Top Greentech Companies Of 2024 Recognizes The Better Meat Co., Rebellyous Foods, Prime Roots & More

TIME Magazine together with Statista, a leading statistics portal, recently unveiled America’s Top GreenTech Companies in 2024, recognizing 250 firms leading the charge in sustainability and environmental stewardship. Among these, FoodTech companies have a notable presence, with a total of 19 making the list, showcasing their pivotal role in advancing green technologies within the food industry. “Time’s feature is an astonishing declaration on the importance of replacing animal-based meat, dairy, and eggs in our food system”

Vegconomist
Jan 8th, 2024
Uncovering The Future Of Seafood, Minus The Sea

The seafood sector is a vast and continually expanding industry, currently valued at over USD 257 billion[1] and experiencing annual growth. To illustrate the magnitude of this expansion, global fish consumption has risen by approximately 30% since 1998.[2] However, experts anticipate a further 80% increase by the year 2050.[3]. Furthermore, analysts forecast that the Earth’s oceans will struggle to meet such escalating demands, as more than 90% of ‘fish stocks’ are currently either over-exploited.[4] [5]. Luckily, innovative food tech brands are working on sustainable alternatives that can meet rising demands for seafood products

The Spoon
Oct 10th, 2023
Survey: Parasite & Mercury-Free Fish Are Key Attributes of Cell-Cultured Seafood According to Sushi Eaters

Wild Type, a startup developing cultured salmon (that is, fish grown from cells outside the animal), announced today that it had raised a $12.5 million Series A funding round.

Cleveland.com
Aug 21st, 2023
Wild T hard tea from Columbus introduces new flavor

Columbus-based Wild T has released an "original" flavor.

AgFunder News
Apr 12th, 2023
Data Snapshot: Almost Half Of All Agrifoodtech Vc Investment In The Us Goes To California Startups

Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research reports.Startups in California — and more specifically Silicon Valley — scooped up almost half of all VC funding for US companies in 2022, according to AgFunder’s Global AgriFoodTech Investment Report 2023. US startups raised $12.4 billion in funding last year; California startups took $5.3 billion of that capital, a figure almost twice as big as the second-largest global market, India.California’s dominance shouldn’t surprise too much, given its deep roots both in agriculture and tech. The Golden State produces more than 400 commodities including dairy, rice and cattle in addition to more than one third of the country’s vegetables and three quarters of US fruits and nuts

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