Shiok Meats, a Singapore startup that makes cell-based shrimp, has raised US$ 4.6 million in seed funding from various investors, announced co-founder and CEO Sandhya Sriram.
Shiok Meats will use the money for research and development and to hire more engineers.
Shiok Meats grows its meat under controlled and clean conditions. The company was founded by Dr Sandhya Sriram, a stem cell scientist, and Dr Ling Ka Yi, a developmental biologist.
Henry Soesanto, CEO of noodle and biscuit maker Monde Nissin, led the funding round. Startup accelerators Y Combinator and Entrepreneur First also invested participated.
Other venture capital and impact investors include:
- US-based AiiM Partners Fund
- Singapore and US-based Big Idea Ventures
- New Zealand and Hong Kong-based AeraVC
- Beyond Impact Ventures
- US-based Boom Capital
- Australia-based Twynam Investments
Angel investors include:
- Wild Earth CEO Ryan Bethencourt
- British billionaire Jim Mellon
- Anna Sweet and Nathaniel Salpeter, founders of Sweet Farm
- Lawrence Wu, program manager at Bits x Bites
- Bitesociety founder Simon Newstead
- Soundboard founder Julia Lipton
- Singapore-based John Friedman