- Shiok Meats, a Singapore-based cell-based crustacean meat company, raised $12.6M in Series A funding
- The amount of the dealwas not disclosed
- Then the funds will contribute towards building a commercial pilot plant from which Shiok plans to launch its minced shrimp product in 2022
- Shiok Meats is a cell based company that produces clean and cruelty free shrimp and crustaceans
- Their flagship product isan anticipated cell-based shrimp, which offers clean, traceable alternatives to the shrimp farming industry
- The output of Shiok’s pilot plant will frozen cell-based shrimp meat for dumplings and other shrimp-based dishes