Aqua Cultured Foods closes $5.5M seed round
By: Foodtech Biz
Food tech startup Aqua Cultured Foods has announced that it has raised $5.5 million in seed funding to bring its ultra-realistic seafood alternatives to market. The round was led by Stray Dog Capital, a venture capital fund specializing in alternative protein investments, with participation from H Venture Partners, Aztec Capital Management, and Amplifica Capital, along with follow-on investment from current investors Supply Change Capital, Big Idea Ventures, HPA, Aera VC, Kingfisher Family Investments, and Swiss Pampa. The round also included a strategic investment from CJ CheilJedang, a South Korea-based global food and bio company owning renowned brands such as Bibigo.
Speaking on the investment, Anne Palermo, chief executive officer, Aqua said, “We appreciate having mission-aligned partners that offer strong strategic value for the next phase of our growth, which will involve building up the business and brand.”
Read more here: https://www.foodtechbiz.com/business-updates/aqua-cultured-foods-closes-55m-seed-round-led-by-stray-dog-capital