Wildtype

Produces lab-grown seafood, primarily salmon

San Francisco, California, United States

About Wildtype

Wildtype Foods focuses on producing lab-grown seafood, specifically clean salmon, using a method that replicates the natural growth process of wild salmon. Their production system resembles a brewery, where the salmon are nurtured with the same nutrients found in the wild. This approach allows Wildtype to offer a sustainable alternative to traditional seafood, addressing the environmental concerns associated with overfishing and ocean depletion. Unlike competitors, Wildtype targets a diverse clientele, including restaurants and environmentally-conscious consumers, promoting accessibility to sustainable seafood options. The company's goal is to alleviate pressure on ocean ecosystems while providing a viable solution for the growing demand for seafood.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$120.1MTotal Funding
LATE_VCCompany Stage
Food & Agriculture, BiotechnologyIndustries
51-200Employees

Benefits

Mentorship, educational reimbursement, and professional growth
Health, vision, & dental coverage
Commuter & culinary benefits package
401k matching
Stock options

Risks

Increased competition from other sustainable food tech companies recognized by TIME Magazine.
Rapid seafood sector growth may pressure Wildtype to scale production quickly.
Pullback in alternative protein interest could affect Wildtype's market growth.

Differentiation

Wildtype focuses on lab-grown salmon, a niche within the sustainable seafood market.
The company uses cellular agriculture to produce clean, sustainable fish and meat.
Wildtype's production mimics natural salmon growth, reducing ocean pressure.

Upsides

Growing consumer demand for mercury-free seafood aligns with Wildtype's offerings.
The seafood industry's projected growth offers market expansion opportunities for Wildtype.
Strong VC investment environment in California supports Wildtype's financial growth.

Funding

Total raised$120.13 M
Latest valuation$500.00 M
StageLATE_VC