Finless Foods raises $3.5M round led by Draper Associates
By moving the production of fish out of the oceans, Finless Foods aims to provide healthy and fresh seafood anywhere, ending dependence on fish farms and large-scale fishing.
Finless Foods, San Francisco, raised a $3.5 million funding round led by Draper Associates, Silicon Valley, Calif. The one-year-old company was founded by biochemists Michael Selden and Bryan Wyrwas to find sustainable ways of producing seafood.
After Finless Foods left the IndieBio accelerator — which provided early funding, lab space and mentorship — it secured investment from Hatch, a Canada-based aquaculture accelerator. Finless also received investment from Hi-Food, an Italy-based company led by food scientists.