Atlantic Fish Co, a food-tech start-up focused on sustainable seafood, has closed its seed financing round, raising $1.2 million to advance the development of its cultivated seafood platform. The round included participation from multiple investment firms and support from a Small Business Innovation Research (SBIR) grant from the National Science Foundation, bringing the company’s total funding to $2.3 million to date.
The start-up aims to tackle the pressing global challenge of overfished seas, with 90% of fish stocks at or beyond sustainable harvest levels, by producing high-quality seafood fillets without the environmental and health risks associated with wild-caught or farmed fish.
Doug Grant, CEO of Atlantic Fish Co, said:
“We’ve stayed capital-efficient with disciplined milestones and a focus on seafood, the category best positioned to break through. This $1.2 million enables us to finalise our go-to-market product and secure the regulatory greenlights to launch in the US.”
The company plans to use the capital to refine the texture, flavor, and nutritional profile of its cultivated fish fillets and establish distribution channels. The platform supports a range of species, with a commercial focus on premium whitefish, starting with sea bass, designed to replicate the taste and texture of wild-caught seafood while eliminating exposure to mercury, microplastics, antibiotics, and parasites.
Sam Selig, investment manager at Katapult Ocean, one of the round’s investors, added:
“The Atlantic Fish team have demonstrated outstanding execution in the nearly two years since our first conversation. Their platform represents breakthrough technology in cultivated protein. Supporting the initial commercialization of their sustainable whitefish fillet aligns perfectly with our mission to back ocean- and health-friendly blue foods.”
Founded in 2023, Atlantic Fish Co collaborates with chefs, distributors, and technology partners to build a more resilient and sustainable seafood supply chain, aiming to provide consumers with safer, environmentally conscious seafood options.
Atlantic Fish Co raises $1.2M to accelerate cultivated seafood
