Singapore-based foodtech start-up, Umami Bioworks, previously known as Umami Meats, has recently received investment from Maruha Nichiro, the world’s largest seafood company, to develop cell-cultivated seafood.
Maruha Nichiro will work with Umami in areas like cell development as part of efforts to develop and commercialise cell-cultivated seafood. Both companies aim to produce cell-based alternatives to seafood, particularly in the category of ‘novel ETP’ species, which are seen to be ‘endangered, threatened and protected’.
Mihir Pershad, the CEO of Umami Bioworks said, “Our seminal partnership with Maruha Nichiro, a global leader in crafting beloved food products, is a pivotal step in achieving our mission of addressing the challenge of feeding a growing global population while minimising environmental impact.”
With Maruha’s global reach, Umami will gain the needed boost to commercialise cultivated products to end-consumers. Umami Bioworks is also able to expedite its long-term plan of building a research and commercial team in Japan. In turn, Maruha Nichiro will have a 3rd production method other than the traditional fishing and aquaculture to overcome the rising scarcity and depletion in marine seafood resources.