BlueNalu, a California-based startup developing cultivated seafood, announced two new technological breakthroughs–through the utilization of single-cell suspension and lipid-loading–which it claims can lead to high profitability and scalability in its cultivated seafood production.
The breakthrough technology is expected to bring significant profitability in its first large-scale facility. The company stated it can achieve 75% gross margins during its first year of production and produce up to 6 million pounds of cultivated seafood beginning with Bluefin Tuna Toro at its 140,000 sq foot commercial facility–equipped with eight 100,000 liter bioreactors–slated to begin operations in 2027.
Single cell line suspension allows for the growth of cells without the use of costly microcarriers, while the patent-pending lipid-loading technology allows cultivated muscle cells to actively store fat, eliminating the need for separate muscle and fat cell growth according to the company.
AnalystQuickTake: In July 2022 , SCiFi foods announced its own breakthrough using single cell line suspension engineered with CRISPR technology, which it claimed can lead to price parity. With countries such as the US , China , and Israel putting cultivated meat on top of its food tech priority lists, players in the sector are pursuing technologies that can lead to price parity through the reduction of production costs with their sights set on regulatory approval.
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