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Food Ingredients

Fish alternatives net funding

by Melody M. Bomgardner
August 26, 2018 | A version of this story appeared in Volume 96, Issue 34

 

Two start-ups promising to produce seafood without fish have attracted investment. Good Catch makes a tunalike, plant-based product that it plans to introduce in early 2019. The company was founded in 2016 by the meat-alternative investment fund New Crop Capital and the marketing firm BeyondBrands. New Crop, Thrive Market, and other investors contributed $8.7 million in its first round of funding. Separately, BlueNalu, a company developing cell culture-based seafood, brought in $4.5 million in a seed round of funding from New Crop and more than two dozen other investors.

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