Madison firm developing lab-grown seafood raises $1.6M in pre-seed round


Madison firm developing lab-grown seafood raises $1.6M in pre-seed round


Cultured Decadence, a Madison startup specializing in cell-cultured seafood products such as lab-grown lobster meat, said it has closed a $1.6 million pre-seed round of funding.

The round was led by investors including Bluestein Ventures, Joyance Partners, Revolution’s Rise of the Rest Seed Fund, gener8tor, GlassWall Syndicate, Bascom Ventures and Dao Foods, an investment holding company based in China.

“We’ve been impressed with the team’s skill set and scientific integrity,” Ashley Hartman, a senior principal at Bluestein Ventures, said in a press release. “We’re excited to join the pre-seed round for Cultured Decadence and for the potential of their technology to transform the market for seafood. We look forward to supporting their vision to create animal-free shellfish.” ....

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Ken Notes: This one is interesting. I want to taste it without knowing about the lab part. Does FRESH WISCONSIN LOBSTER sound weird to anyone else???

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- - Volume: 9 - WEEK: 16 Date: 4/15/2021 7:45:11 AM -