Cultivated Seafood Firms Umami Bioworks and Shiok Meats Set to Merge
Photo: Stockfile/FIS
(SINGAPORE, 3/14/2024)
Singapore-based UMAMI Bioworks and Shiok Meats have announced the proposed merger of the two cultivated seafood pioneers, establishing the combined entity as a global leader in the burgeoning cultivated seafood market.
UMAMI Bioworks said in its recent statement that this strategic combination, the first of its kind in the cultivated seafood space, aims to expedite the journey towards scalable production of sustainable, cultivated seafood alternatives.
Targeted for swift completion, this merger leverages the unique strengths of UMAMI Bioworks’ innovative production platform and enabling technologies and Shiok Meats’ pioneering research in crustacean cell cultivation.
Based in Singapore, both entities anticipate synergies that will enhance go-to-market efficienc...
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