Wildtype (company) explained

Wildtype
Type:Privately held company
Industry:Food technology
Founded:2016
Founders:AryƩ Elfenbein and Justin Kolbeck
Location City:San Francisco, California
Location Country:United States

Wildtype is an American seafood company that produces cultivated seafood from fish cells. Its headquarters is located in the Dogpatch neighborhood of San Francisco, California[1] and includes a former microbrewery that has been converted into Wildtype's first Fishery where their cultivated seafood is produced. Wildtype's first product is cultivated Pacific salmon that will offer several benefits when compared to conventionally-harvested fish.[2]

History

Origins

AryƩ Elfenbein (a PhD cardiologist) and Justin Kolbeck co-founded Wildtype[3] [4] in 2016.[5] They started exploring funding possibilities in 2015, but after their applications for several government science grants yielded no results, they opted for venture capital instead.[6] After raising a $3.5 million seed round in 2018, Wildtype launched its research and development.[5]

Proof of concept

In June 2019, the company held a tasting at a restaurant in Portland, Oregon, where guests were served an array of dishes made with Wildtype's first cultivated salmon prototype.[4] At the time, it took them 3.5 weeks to create the pound of salmon that was consumed at the tasting;[4] the cost of producing just the spicy salmon roll was about 200 U.S. dollars.[5] The company is working to bring down production costs to be competitive with conventional wild and farmed salmon.[5]

Pilot plant

On June 24, 2021, Wildtype's pilot plant opened in San Francisco.[1] At the time the startup had raised $16 million in funding.[1] As of October 2021, it was capable of producing 50,000 pounds (22,680 kilograms) of salmon per year, which it claimed was scalable to 200,000 pounds (90,718 kilograms) a year.[3]

Notes and References

  1. News: Sushi grown in a lab? A S.F. startup just unveiled the world's first cell-cultured seafood production facility. . Alex Barreira . San Francisco Business Times . June 25, 2021 . December 6, 2021.
  2. News: Could synthetic fish be a better catch of the day? . David Silverberg . BBC News . March 24, 2020 . December 6, 2021.
  3. News: The cell-cultivated meat revolution is starting, and these Bay Area startups are ready . Alex Barreira . San Francisco Business Times . October 14, 2021 . December 6, 2021.
  4. News: The Fish Is Boneless. (Fishless, Too.) . David Yaffe-Bellany . The New York Times . July 10, 2019 . December 6, 2021.
  5. Web site: Wild Type Debuts New Cultured Salmon in Largest Tasting of Lab-Grown Meat . Catherine Lamb . The Spoon . June 14, 2019 . December 6, 2021.
  6. Lab to Table . Kate Aronoff . New Republic . September 29, 2021 . December 6, 2021.