Cultured Decadence Raises $1.6M Pre-Seed Round and Receives Government Grant to Develop Cell-Cultured Lobster in Wisconsin
Share this article Share this article MADISON, Wis., April 9, 2021 /PRNewswire/ -- Cultured Decadence today announced the close of its $1.6M pre-seed financing to create the first cell-cultured lobster meat in North America. The financing follows important technical progress in the development of novel lobster cell lines and the reduction of cell-culture media costs. The company will use the funds to expand its team and continue development of cell-cultured lobster meat prototypes in preparation for a commercial launch. John Pattison, CEO, and Ian Johnson, CSO, co-founded the company to crea...