[Jpost] Scallops: enjoyed by many, dreaded by some, and pretty expensive across the board. Due to overfishing and stagnating fish farm growth, supply of the protein-rich mollusks is far from maintaining an equal stride with its demand – but luckily for seafood lovers with light wallets, the engineers at Jerusalem-based foodtech start-up Mermade Seafoods have developed a way to grow scallops in a much cheaper and more streamlined way.
Earlier this week, following the company’s completion of an oversubscribed $3.3 million seed round, Mermade unveiled a new method for growing cultivated scallops to maximize the use of materials required for production, which it calls “circular cellular agriculture technology.” This new method improves upon those typically employed by meat cultivators by recycling the cultivated cells’ growth medium.
With its innovative and novel technique, Mermade expects that it can streamline the global scallop market and provide a high quality, tasty product at prices far lower than what is currently available.
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