Forsea is a biotechnology and food and beverage company based in Israel that was founded in 2021. The company's slogan "Same Seafood. New Story." reflects its focus on creating change within the seafood industry.
Forsea has attracted significant attention, having recently secured a $5.20M Seed Round investment on 26 October 2022. This investment was led by a consortium of prominent investors, including Target Global, Milk & Honey Ventures, PeakBridge Ventures, ZORA Ventures, HackCapital, and The Kitchen - FoodTech Hub.
The company's innovative approach involves leveraging organoid technology to produce cultivated fish and seafood. This technology addresses various challenges in the production of cultivated meat, facilitating scalability and accelerating the attainment of price parity.
Notably, Forsea focuses on highly-priced and endangered species within the seafood market, aiming to fulfill an unmet market need. The company's strategic emphasis on sustainability and addressing market gaps positions it as an intriguing player within the cultivated meat sector.
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