KIYATEC Announces Investment from Seae Ventures and Names Co-founder and Managing Partner Jason Robart to its Board of Directors
01 May, 2021
– Cultured Decadence today announced the close of its $1.6M pre-seed financing to create the first cell-cultured lobster meat in North America.
– The company will use the funds to expand its team and continue development of cell-cultured lobster meat prototypes in preparation for a commercial launch.
– John Pattison, CEO, and Ian Johnson, CSO, co-founded the company to create sustainable seafood products that have a dramatically lower environmental impact and higher nutritional quality—and at a lower price point compared to current products.
– Increasing acidification and warming of oceans, overfishing, and a growing world population all contribute to the need for better solutions for producing high-quality seafood.