Seafood Reboot, an aFundtech start-up replicating everyday seafood items using microalgae, has completed a €3.2 million pre-seed round.
Seafood Reboot claims it is dedicated to playing a significant part in this revolution by creating and marketing a new generation of plant-based seafood products made from algae ingredients and available to all consumers with unequalled taste, texture, and nutritional profiles.
Coming less than six months after it was founded, the company aims to use the substantial
Funding to finalize its R&D works and prepare the route to market its first-generation plant-based alternative seafood products. It will also help accelerate the structuring and development of the company, notably the construction of the first pilot production facility, which is scheduled to be operational in 2023.
The round was led by Demeter Partners and sensilla ventures, Founders Future Good, and Beyond impact.
In light of the climate change emergency and the rapid deterioration of all forms of marine life, the public has become increasingly aware and thus conscious of the need to change our diet habits, explained the two founders of Seafood Reboot in a press release.