Umami Meats To Drive Down Cultivated Seafood Industry Costs

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Canadian investment platform CULT Food Science Corp. has invested in Singapore-based seafood firm Umami Meats.

The 180 billion dollar fish sector is cited as a significant incentive for Umami's establishment as a company. The consumer-driven industry is plagued by methods that are not sustainable, as well as an imbalanced supply and demand chain; the business believes that cultured aquaculture is the solution to this problem. Customers at the restaurant want seafood, but there is not enough for everyone. 

Umami Meats Gets Investment

The practice of overfishing contributes to climate change and frequently results in the contamination of caught fish with harmful substances such as heavy metals and microplastics. Cultivated seafood eliminates all of the drawbacks, providing customers with healthy fish that does not present any ethical or environmental challenges.

Entrepreneurs at Umami Meats want to use unique technologies that they have developed to lower the price of producing cellular growth serum. When cultivating cells into meat, cell growth serum is an essential ingredient but its prohibitively high price has always been a major challenge for the cultivated meat industry. More than 80 percent of total production costs are spent on growth serums, according to Cult.

Umami intends to establish itself as a market leader in the field of technology by concentrating on lowering the price of serum.

CULT reports that the primary focus of Umami's initial efforts will be on developing methods for the cultivation of yellowfin tuna, red snapper, and Japanese eel. In future projects, the start-up organization also plans to collaborate on halibut, grouper, and mahi-mahi fish.