Plantish Raised $12.5M USD for Its Plant-Based Foods
Colin Smith — March 21, 2022 — Eco
References: plantish & foodbusinessnews.net
'Plantish' is an Israel-based startup in the protein alternatives industry that specializes in creating plant-based seafood alternatives. The brand has just closed its seed round of funding, which totaled $12.45 million USD, a value that Plantish claims is "the largest seed round to date in the alternative seafood market."
Plantish will use this wealth of funding to further develop its additive manufacturing technology, which it uses to create plant-based materials that replicate parts of fish foods, such as muscle tissues. Plantish strives to make its products a healthy, sustainable alternative to real fish products. As part of this commitment, Plantish ensures that its first product, plant-based salmon, will be made with no antibiotics, hormones, mercury, or other harmful chemicals and practices associated with the seafood industry and seafood products.
Image Credit: Plantish
Plantish will use this wealth of funding to further develop its additive manufacturing technology, which it uses to create plant-based materials that replicate parts of fish foods, such as muscle tissues. Plantish strives to make its products a healthy, sustainable alternative to real fish products. As part of this commitment, Plantish ensures that its first product, plant-based salmon, will be made with no antibiotics, hormones, mercury, or other harmful chemicals and practices associated with the seafood industry and seafood products.
Image Credit: Plantish
Trend Themes
1. Plant-based Seafood - The trend of producing plant-based seafood alternatives is on the rise and presents an opportunity for disruption in the seafood industry.
2. Additive Manufacturing - Additive manufacturing technology, used in the development of plant-based seafood alternatives, has the potential to transform the food industry by providing sustainable and healthy alternatives to traditional food products.
3. Sustainable Food Production - The trend towards sustainable food production has given rise to alternative seafood companies like Plantish, providing business opportunities for companies looking to invest in this growing market.
Industry Implications
1. Food Manufacturing - The food manufacturing industry should explore additive manufacturing technologies that can be used to create plant-based seafood alternatives.
2. Seafood - The seafood industry should explore plant-based seafood alternatives as a means to meet the growing demand for sustainable and healthy seafood products.
3. Investment - Investors should consider investing in the alternative seafood market, as it presents a growing opportunity for companies like Plantish who are disrupting traditional food production methods.
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