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Industries
Food & Agriculture
Biotechnology
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$120.1M
Headquarters
San Francisco, California
Founded
2016
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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Total Funding
$120.1M
Above
Industry Average
Funded Over
4 Rounds
Mentorship, educational reimbursement, and professional growth
Health, vision, & dental coverage
Commuter & culinary benefits package
401k matching
Stock options
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”
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
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.
Columbus-based Wild T has released an "original" flavor.
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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Industries
Food & Agriculture
Biotechnology
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$120.1M
Headquarters
San Francisco, California
Founded
2016
Find jobs on Simplify and start your career today