Aqua Cultured Foods, a female-led foodtech company using fermentation to produce seafood alternatives, has raised $2.1 million in its pre-seed funding round. According to Aqua, the oversubscribed round is the largest ever pre-seed in alt-seafood, and one of the largest ever in fermented proteins.
Op Ed: Anne Palermo, Aqua Cultured Foods
In the third instalment of our new Opinion section featuring the views and insights of leaders and figures from across plant-based and cell-based; Anne Palermo of Aqua Cultured Foods shares her thoughts about the current narrative on the alleged slowing-down of the alt meat category. Hype of ‘Slowdown’ in Plant-Based Meat Sector Misses the Point: The Planet Depends on Our Success Research firms, financial analysts, business pundits, and the journalists who amplify them have all contributed to a great deal of doom and gloom about the alt-meat industry in recent months. Declining fortunes of publicly traded companies, the lackluster performance of product lines owned by megacorporations, and flattened post-pandemic sales triggered smug headlines that the plant-based meat market had fizzled out like the coconut oil …
