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Finless Foods

Finless Foods

Finless Foods is a biotechnology company producing cultured marine animal food products through implementing cellular agriculture and manufacturing technologies.

OverviewStructured DataIssuesContributorsActivity
Contents

Finless Foods is a biotechnology company founded in March 2017 and is located in San Francisco, California. The company produces cultured in-vitro marine animal food products through combining cellular agriculture and manufacturing technologies.

Seafood products produced by Finless Foods are not wild caught or fish farmed; they are grown from living cells extracted from a rice grain-sized biopsy from fish meat. The extracted living cells put into a supportive growth environment that includes a nutrient-rich serum, and grown to resemble a particular shape such as a fish fillet. Only animal byproducts are used in making the serum. On a cellular level, their products are real seafood; the challenge is to create a product that looks, tastes, and feels like real fish.

One important step in the developmental process is creating a cell line that is "immortalized," meaning that it can grow forever and a fish will not need to be sampled again to continue production.

Company-stated benefits of cell-based fish:

  • Cuts down on overfishing
  • No mercury, unlike fish in the wild that have mercury due to bioaccumulation
  • No microplastics, which can be found in ocean-caught seafood
  • Lower carbon footprint
  • Can be grown far from where wild tuna are found, thereby reducing the need for transportation and the environmental impact of fishing fleets

CEO of Finless Foods Mike Seldon explains why and how Finless Foods exists.

Products
Cultured bluefin tuna

Finless Foods is working on creating cultured bluefin tuna meat. In September 2017, Finless Foods produced their first pound bluefin tuna meat for approximately $19,000. In December 2017, Finless foods claimed to have reduced their production cost of one pound of bluefin tuna meet in half. The company is hoping to produce cultured bluefin tuna for the same price as bluefin tuna is selling for on the market by the end of 2019.

Mike Selden, CEO of Finless Foods, explains his companies plans to make lab grown blue fin tuna

Funding
Seed

On March 28th 2017, Finless Foods received an undisclosed amount of seed funding from Indie Bio, and SOSV.

Timeline

Funding Rounds

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Products

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Acquisitions

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SBIR/STTR Awards

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Patents

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Further Resources

Title
Author
Link
Type
Date

Cultured fish co Finless Foods aims to achieve price parity with Bluefin tuna by the end of 2019

Elaine Watson

https://www.foodnavigator-usa.com/Article/2017/12/21/Finless-Foods-co-founder-talks-clean-meat-clean-fish-cultured-meat

Disrupter League E25: How Finless Foods Will Save Our Oceans

https://www.youtube.com/watch?v=iH1z8kviyoo

March 12, 2017

E783: Finless Foods clean fish biotech to address scarcity of healthy, affordable seafood

https://www.youtube.com/watch?v=Segkt69pdpc

December 8th, 2017

Finless Foods CEO Mike Selden spoke about his company's work in cell agriculture

https://www.youtube.com/watch?v=7QUfg3rl8bo

February 2, 2018

Finless Foods: Pollution-Free Fish, Thanks to Biotech - IndieBio

Kayla Liederbach

https://indiebio.co/finless-foods-pollution-free-fish-thanks-biotech/

References

finlessfoods.com
finlessfoods.com/about/
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Engineering
Engineering
Food technology
Food technology
Cell-based meat
Cell-based meat
Seafood
Seafood
Cellular agriculture
Cellular agriculture
Alternative proteins
Alternative proteins
...
Location
Emeryville, California
Emeryville, California
United States
United States
California
California
‌
Silicon Valley
B2X
B2B
B2B
CEO
Michael Selden
Michael Selden
-1
Founder
Brian Wyrwas
Brian Wyrwas
Michael Selden
Michael Selden
‌
Michael Selden
Pitchbook URL
pitchbook.com/profiles...179564-41
Accelerator
Plug and Play
Plug and Play
IndieBio
IndieBio
Accelerator Batch
‌
IndieBio Class Five
Plug and Play Food and Beverage Batch 3
Plug and Play Food and Beverage Batch 3
Date Incorporated
December 2017
Number of Employees (Ranges)
11 – 50
Full Address
PO Box 99020 Emeryville, CA 94662-1
6460 Hollis St Ste B Emeryville​, CA, 94608-1473 United States
Place of Incorporation
United States
United States
Investors
‌
Yakumi Investment
‌
Blue Horizon Equity
Softmatter VC
Softmatter VC
Sustainable Ocean Alliance
Sustainable Ocean Alliance
Draper Associates
Draper Associates
Gaingels
Gaingels
At One Ventures
At One Ventures
Olive Tree Capital
Olive Tree Capital
-1
...
Founded Date
March 2017
Email Address
info@finlessfoods.com
hello@finlessfoods.com-1
Phone Number
+15102105909-1
Total Funding Amount (USD)
37,525,000
Latest Funding Round Date
March 7, 2022
Competitors
Planet A Foods
Planet A Foods
Umami Bioworks
Umami Bioworks
-1
CTO
Brandon Chen
Brandon Chen
-1
Key People
Michael Selden
Michael Selden
-1
Brian Wyrwas
Brian Wyrwas
-1
Latest Funding Type
Series B round
Series B round
Wellfound ID
finless-foods

Other attributes

Blog
finlessfoods.com/blog/
Company Operating Status
Active-1
Headquarters
San Francisco
San Francisco
Latest Funding Round Amount (USD)
34,000,000

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