Aqua Cultured Foods raises $5.5 million

By: The Fish Site

The company says it will use the investment to equip its new facility, scale up production, bring products to market, add key talent and expand its roster of restaurant and foodservice outlets for product introductions this year.

“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,” said Anne Palermo, CEO of Aqua Cultured.

“Being good stewards of investor capital is important to us, so along with hitting milestones earlier than expected, we are benefiting from government programmes, academic resources, and other advantages to get to market quickly,” she added.

Read more here: https://thefishsite.com/articles/aqua-cultured-foods-raises-5-5-million