Company Overview
Snapshot
Founded in July 2021 by Daniel Einhorn, Tomer Halevy, and Rotem Kadir, Mermade Seafoods operates with 11–50 employees. The company has raised $3.3M across two funding rounds from three investors. In June 2022, Mermade Seafoods secured a grant from the Israel Innovation Authority.
Business overview
Mermade Seafoods is a cellular aquaculture company focused on producing cell-based seafood. Their core technology involves a fermentation-based process for mass production, aiming to deliver clean, healthy, and sustainable protein-rich seafood products. The company also employs a circular production method that upcycles biological waste products from spent growth media into new nutrients for growing cells, addressing high production costs and waste accumulation. Mermade Seafoods operates within the Agriculture & Food Technologies sector, specifically targeting the Food Tech and Novel Food & Ingredients categories.
Strategic signal
In August 2022, Mermade Seafoods was featured in TechCrunch for its work in cell agriculture and cultivated scallops. This highlights the company's progress in developing alternative protein sources and signals a growing interest in sustainable seafood production methods, positioning Mermade Seafoods as a key player in the evolving food technology landscape.
Log in to access full profile ›Company Intelligence Q&A
- What is Mermade Seafoods' primary focus?
- Mermade Seafoods specializes in cellular aquaculture, producing cell-based seafood using a fermentation-based process to create sustainable and protein-rich products.
- When was Mermade Seafoods founded and by whom?
- Mermade Seafoods was founded in July 2021 by Daniel Einhorn, Tomer Halevy, and Rotem Kadir.
- What is Mermade Seafoods' approach to sustainable production?
- Mermade Seafoods aims to implement a circular production method by valorizing side-stream biological waste products from spent growth media, transforming them into new nutrients for cell growth.
- Has Mermade Seafoods received any grants?
- Yes, in June 2022, Mermade Seafoods secured a grant from the Israel Innovation Authority.
- What is the total capital raised by Mermade Seafoods?
- Mermade Seafoods has raised a total of $3.3M across two funding rounds.