Wildtype reels in $100m to bring sushi-grade cultivated salmon to the USWhy it matters:The San Francisco-based startup launched a pilot facility...
Published on by Water Network Research, Official research team of The Water Network
Why it matters:
The San Francisco-based startup launched a pilot facility in the city last year and is betting hard on US distribution in the near future. Last December it signed distribution agreements with grocery store and sushi bar operator Snowfox and quick service restaurant Pokéworks, which will put its products in almost 1,300 stores.
The catch? Wildtype has to get approval to sell its cultivated salmon in the US before it can progress those deals any further. So far, no company developing cell-cultured meat has received such clearance from the US Food & Drug Administration (FDA).
Wildtype says it has been in consultation with the FDA since 2019 and is “impressed by the agency’s speed and thoughtfulness in approaching cellular agriculture.” Neither Wildtype nor the FDA has hinted at a specific timeframe for approval.
Attached link
https://agfundernews.com/wildtype-reels-in-100m-to-make-cultivated-salmon-ubiquitous-in-the-us?goal=0_8e101ace96-c567852d8a-99660549Taxonomy
- Fisheries
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