China’s CellX and Germany’s Bluu pool cultivated meat and seafood expertise to address future demand for sustainable animal protein
- CellX and Bluu Seafood will jointly work towards gaining regulatory approval and expand consumer acceptance of lab-grown protein products in China and Europe
- Investments in cultivated meat companies more than tripled to US$1.38 billion last year, while cultivated seafood firms saw inflows rise over twofold to US$115 million, according to Good Food Institute
A Shanghai-based cell-grown meat start-up has joined forces with a European cultivated seafood company to address future demand for sustainable animal protein.
The strategic partnership between CellX and Berlin-based Bluu Seafood in April would help both companies drive regulatory compliance and expand consumer acceptance of lab-grown protein products in the Chinese and European markets, their founders said.
The companies envision joint activities ranging from procuring raw materials, construction of production facilities and even sales tie-ups, said Simon Fabich, co-founder and managing director of Bluu Seafood in an emailed interview.
“To secure the future supply of animal protein for a growing world population, new approaches to food production are needed,” said Fabich.
Around 660 million people may still face hunger in 2030, in part due to lasting effects of the Covid-19 pandemic on global food security – 30 million more people than in a scenario in which the pandemic had not occurred, according to a report by the United Nations in July.