Wanda Fish Raises USD $7M in Seed Funding

Wanda Fish - Photograph by Chen Galili
Wanda Fish Photograph by Chen Galili

Wanda Fish, a Rehovot, Israel-based FoodTech startup, raised USD $7M in Seed funding.

The round, which brought the total amount to $10M, was led by Aqua-Spark, with participation from The Kitchen Hub by the Strauss Group, Peregrine Ventures, Pico Venture Partners, MOREVC, and CPT Capital.

The company intends to use the funds to accelerate the creation and increase the scale of a cultivated whole-cut filet of bluefin tuna. 

Founded in 2021 by The Kitchen Hub and Daphna Heffetz, Wanda Fish produces cultivated fish outside of the ocean. Its first product in development is the whole-cut cultivated bluefin tuna filet composed of the fish’s muscle and fat cells. As a cultivated filet, the bluefin tuna has no common ocean pollutants, like mercury, and is produced under non-GMO standards. It contains the same native proteins and fatty acids, including omega-3 and other essential nutrients.

The company’s multidisciplinary team includes:

  • Daphna Heffetz, PhD, co-Founder and CEO, brings over 20 years of experience in establishing and growing biotechnology companies
  • Malkiel Cohen, PhD., VP of R&D at Wanda Fish, an expert in stem cell technology and genomic engineering, and
  • Yaron Sfadyah, LL.B & B.A., VP of Business Development at Wanda Fish, having 10+ global marketing and business development experience.

Under an exclusive licensing and sponsored research agreement with Tufts University in Boston, Wanda Fish also works closely with David Kaplan, PhD, a world-leading academic authority in cellular agriculture.

FinSMEs

09/10/2023