| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Foodtech |
| Collapse type | Silent Shutdown |
New Wave Foods
"Plant-based seafood startup creating shrimp from algae and plant proteins targeting food service customers in the US restaurant industry"
Quiet closure with no public announcement
Key Events Timeline
New Wave Foods raised approximately $18 million to produce plant-based shrimp using sustainably sourced algae and plant protein, targeting the food service market with a product that mimicked the texture and flavor of conventional shrimp.
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