Wisconsin-based cellular agriculture company Cultured Decadence said Friday it closed a $1.6 million (€1.3 million) pre-seed financing round. The company plans to create the first cell-cultured lobster meat in North America.
Investors in the oversubscribed round include Bluestein Ventures, Joyance Partners, Revolution's Rise of the Rest Seed Fund, gener8tor, GlassWall Syndicate, Bascom Ventures, and China-based Dao Foods. The company also received non-dilutive funding from the Wisconsin Economic Development Corporation's Center for Technology Commercialization .
