Umaro Foods Makes $1M Deal with Mark Cuban on Shark Tank for Seaweed Bacon
Umaro Foods, producers of seaweed-based bacon, has secured an investment deal with Mark Cuban on the latest episode of Shark Tank. During the show, Cuban agreed to invest $1 million in the brand, which plans to launch its bacon product into foodservice later this year. Through the deal, Umaro joins a growing roster of successful plant-based food companies backed by Cuban, including Unreal Deli, Legendary Burger and pet food brand Wild Earth. The Shark Tank reveal comes just days after Umaro announced a $3 million raise in Series A funding for its innovative bacon. Founded by Berkeley scientists Beth Zotter and Amanda Stiles, Umaro uses proprietary red algae protein as a base for creating seaweed-based meats. The startup says it captures the natural umami taste …