The ISH Company, a plant-based seafood startup, has announced that it has closed a $5 million seed funding round to help it move towards commercialization. Founded by former Amazon executive Richard Brown and his wife Kari, the ISH Company is committed to providing an environmentally sustainable, healthy and delicious alternative to conventional seafood.
ISH stands for “Intelligent Sustainable Harvest,” referencing the innovative production process the company has developed to make its products. Using natural ingredients such as pea proteins and vegetable fibers, the ISH Company is able to create a range of alternative seafood products that replicate the texture and flavor of traditional fish, shrimp and scallops, among other items.
The new round of funding will allow the ISH Company to develop its innovative technology further, enhance its production capabilities and move closer to full commercialization of its products. It also plans to expand its product portfolio and increase research into using the technology to create alternative shellfish and other types of seafood.
“This additional funding will help the ISH Company accelerate our growth and quickly bring our products to the marketplace,” said Richard Brown. “We’re committed to creating delicious, healthy and sustainable plant-based seafood that not only satisfies our customers, but can also help reduce the pressure on our oceans. We believe our products are the future of seafood, both for consumers and for the planet.”
The ISH Company has already gained the attention of major investors and food processors. The company’s technology has been featured on the world-renowned Ocean Business Show and was commended by the UN Environment Programme as an innovative solution in tackling ocean protein depletion. It also won the Ark Challenge Sustainable Seafood Innovation Award, further demonstrating its potential in the industry.
As plant-based proteins continue to gain prominence in the food industry, the ISH Company is perfectly positioned to take advantage of the trend. With its new round of funding, the company is now better prepared to bring its innovative products to market, helping to reduce the environmental costs of conventional seafood and create delicious, sustainable alternatives. It looks set to be a real game-changer in the seafood industry.
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