Wildtype (company)

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Wildtype
Company typePrivately held company
IndustryFood technology
Founded2016
FoundersAryé Elfenbein and Justin Kolbeck
Headquarters
San Francisco, California
,
United States
Websitewildtypefoods.com

Wildtype is an American seafood company that produces cultivated seafood from fish cells. Its headquarters is located in the Dogpatch neighborhood of San Francisco, California[1] and includes a former microbrewery that has been converted into Wildtype's first Fishery where their cultivated seafood is produced. Wildtype's first product is cultivated Pacific salmon that will offer several benefits when compared to conventionally-harvested fish.[2]

History

Origins

Aryé Elfenbein (a PhD cardiologist)[3] and Justin Kolbeck co-founded Wildtype[4][5] in 2016.[6] They started exploring funding possibilities in 2015, but after their applications for several government science grants yielded no results, they opted for venture capital instead.[3] After raising a $3.5 million seed round in 2018, Wildtype launched its research and development.[6]

Proof of concept

In June 2019, the company held a tasting at a restaurant in Portland, Oregon, where guests were served an array of dishes made with Wildtype's first cultivated salmon prototype.[5] At the time, it took them 3.5 weeks to create the pound of salmon that was consumed at the tasting;[5] the cost of producing just the spicy salmon roll was about 200 U.S. dollars.[6] The company is working to bring down production costs to be competitive with conventional wild and farmed salmon.[6]

Pilot plant

On June 24, 2021, Wildtype's pilot plant opened in San Francisco.[1] At the time the startup had raised $16 million in funding.[1] As of October 2021, it was capable of producing 50,000 pounds (22,680 kilograms) of salmon per year, which it claimed was scalable to 200,000 pounds (90,718 kilograms) a year.[4]

Funding

Wildtype has raised more than $125M in equity funding since its founding in October 2016.[citation needed]

References

  1. ^ a b c Alex Barreira (June 25, 2021). "Sushi grown in a lab? A S.F. startup just unveiled the world's first cell-cultured seafood production facility". San Francisco Business Times. Retrieved December 6, 2021.
  2. ^ David Silverberg (March 24, 2020). "Could synthetic fish be a better catch of the day?". BBC News. Retrieved December 6, 2021.
  3. ^ a b Kate Aronoff (September 29, 2021). "Lab to Table". New Republic. Retrieved December 6, 2021.
  4. ^ a b Alex Barreira (October 14, 2021). "The cell-cultivated meat revolution is starting, and these Bay Area startups are ready". San Francisco Business Times. Retrieved December 6, 2021.
  5. ^ a b c David Yaffe-Bellany (July 10, 2019). "The Fish Is Boneless. (Fishless, Too.)". The New York Times. Retrieved December 6, 2021.
  6. ^ a b c d Catherine Lamb (June 14, 2019). "Wild Type Debuts New Cultured Salmon in Largest Tasting of Lab-Grown Meat". The Spoon. Retrieved December 6, 2021.

External links

Retrieved from "https://mdwiki.org/wiki/Wildtype_(company)"