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.