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Mermade Seafoods develops cell-based scallops and recycles waste from cell fermentation.
Founded in Israel in 2021, Mermade Seafoods develops scallops from shellfish cells and recycles waste from cell fermentation. In April 2022, it raised USD 1.5 million from undisclosed investors, followed by USD 3.3 million in seed funding co-led by OurCrowd and Fall Line Capital in August 2022. The funding was intended to support lab-scale production and product development.
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