In California, BlueNalu, a pioneer in cellular aquaculture closed a $4.5 million seed round, just two months after launching the company. BlueNalu’s cellular aquaculture process will provide an alternative to current industry practices in which fish are farmed or wild-caught.
BlueNalu will ultimately produce real seafood products directly from fish cells, in a way that is healthy for people, humane for animals, and sustainable for our planet. “It’s time to rethink seafood and how we can sustainably feed our global population in the decades ahead,” said Lou Cooperhouse, President & CEO of BlueNalu. “We are very grateful for the tremendous interest in BlueNalu from both the financial and mission-driven venture community, and we are extremely pleased by the global reach and diversity of the investors in our seed round.”
New Crop Capital served as lead investor and was joined by a diverse worldwide coalition of 25 venture organizations and individuals.