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blue nalu

October 10, 2023

Survey: Parasite & Mercury-Free Fish Are Key Attributes of Cell-Cultured Seafood According to Sushi Eaters

According to a report published by cell-cultured seafood startup BluNalu, consumers value the absence of parasites and mercury in cell-cultured seafood, especially among those who frequently eat sushi. The data, sourced from a survey conducted by a market research specialist in 2022 and featured in a comprehensive report by BluNalu this week, displays how consumers prioritize specific qualities of cell-cultured seafood, like BluNalu’s toro tuna.

The survey chart below reveals the answer to the question: “How significant are the following benefits of cell-cultured seafood when deciding whether to order it in a restaurant?” The top four attributes, as ranked by sushi enthusiasts, all pertained to the “clean” attributes of food cultivated beyond our increasingly polluted and climate-affected oceans. The importance placed on seafood being free from parasites, pesticides, mercury, and microplastics suggests the kind of narratives companies like BluNalu should adopt when introducing their products to the market.

Other interesting insights from the BluNalu research compilation include a preference among chefs and food industry experts for the toro portion of the tuna – the fatty belly portion of the fish – when asked which type of fish and part of a fish that the company should emphasize when created a cell-cultured alternative to wild-caught fish. This desire for toro, according to BluNalu, is because chefs see an opportunity to present this premium cut to a wider audience. From the report:

Another intriguing insight from the BluNalu research is the preference among chefs and food industry experts for toro, the fatty belly region of tune. When inquired about which fish type and section the company should highlight when producing a cell-cultured alternative to wild-caught fish, most leaned towards the toro. BluNalu believes this is because chefs see an opportunity to offer this high-priced cut to a wider audience. From the report:

Discussions with chefs illuminated the opportunity presented by cell-cultured bluefin tuna toro to extend menu utilization in non-Japanese fine-dining restaurants for the first time at scale, given that 80% of the world’s supply of this fish has historically been consumed in Japan.

While it’s worth noting the while research in the report is obviously self-serving, the insights and data seem to ring true. Like many, I’ve become increasingly worried about the potential for toxins when eating seafood over the past few years, and I’d be interested in eating seafood that doesn’t have exposure to chemicals, parasites, and other contaminants of seafood pulled from the sea. And like many in the food tech world, I’m also interested in eating less seafood due to the threat to the seafood population from overfishing.

If you’d like to take a look at the full report, you can find it here on BluNalu’s website.

November 4, 2020

MycoTechnology Wins the Radicle Protein Challenge, Secures $1M

MycoTechnology, producers of fermented mushroom protein, won the $1M prize for receiving first place in the Radicle Protein Challenge this week. The Syngenta Group, a multinational agriculture company, and Radicle Growth, a venture capital firm specializing in food and agriculture startups, hosted this challenge. An additional $250K was awarded to runner up Blue Nalu, a cellular aquaculture company.

The competition hosted 150 applicants from all over the world and came to a head with a virtual event this week where each of the four finalists pitched. The two other finalists include Cell Farm and Trophic.

In addition to funding, MycoTechnology will have access to the Syngenta Group and Radicle Growth’s global agriculture and food networks. MycoTechnology’s mushroom fermentation technology is used to create products including ClearTaste, which blocks the bitter flavors of certain foods, and PureTaste, a mushroom-based protein.

At the beginning of 2020, the Good Food Institute predicted that one of the alternative protein trends of the year would be innovative ingredients and enhanced flavors, especially coming from fermented yeasts and mushroom varieties. Additionally, a recent report released on the Good Food Institute added fermentation as a third category (alongside cultured meat and plant-based proteins) in the alternative protein sector. Besides MycoTechnology, other companies have also taken advantage of using the umami-flavor and versatility of different mushrooms. Meati transforms mushroom mycelium into a juicy plant-based steak. Mushlabs and Ecovatives both use mushrooms to provide better texture for plant-based meat alternatives.

Prior to the competition, MycoTechnology raised $39M over the summer. This brings the company’s total funding to $121.6M.

August 15, 2018

“Cellular Aquaculture” Company BlueNalu Raises $4.5 Million

By now, you’ve probably heard of cultured (or lab-grown) meat. But what about cultured seafood? That’s what BlueNalu, a San Diego-based startup, is working on.

The company is developing cellular aquaculture, in which living cells are taken from fish and grown, using culture media, to create seafood. Basically it’s cellular agriculture, but for seafood instead of beef or pork.

Today BlueNalu got some new wind in their sales: the company announced that they raised a $4.5 million seed round. New Crop Capital led the round, with participation by 25 VC firms and individuals from the U.S., U.K., Hong Kong, Luxembourg, and Israel (a country which is turning out to be a hotbed of clean meat innovation).

This news is pretty impressive, considering the company was just established two months ago. It also indicates a strong interest in clean seafood. BlueNalu isn’t the only company working in the space; Wild Type is currently developing cultured salmon and Finless Foods is working on lab-grown bluefin tuna. So far this year, both companies have each raised $3.5 million.

There’s no word yet on whether BlueNalu will try to develop their own clean seafood product or license out their cellular aquaculture tech to other companies. But the amount of money they raised mean that people (this reporter included) are pretty excited to see just what exactly cellular aquaculture can do.

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