twitter RSS Feed linkedin acp contact

Wanda Fish Technologies Ltd signs agreements to advance goals in cultivated fish

Israel- FoodTech start-up Wanda Fish Technologies Ltd has signed two agreements with Tufts University to advance the company’s goals in the emerging field of cultivated fish

Wanda Fish Technologies 28 marchThe team at Wanda Fish Technologies. (Image source: Wanda Fish Technologies)

Under a licensing agreement, Wanda Fish gained exclusive rights to certain intellectual property in fish cell cultivation developed by Tufts researcher David Kaplan, a leader in the field of cellular agriculture. Additionally, a two-year sponsored research agreement with the university supports Kaplan’s research into cellular agriculture-based production of fish tissue. Taken together, the moves will significantly propel Wanda Fish’s strategies for producing sustainable, tasty, cultivated fish fillets. 

Approximately 20% of the protein currently consumed by the global population emanates from the ocean. As a highly satiating, nutritionally dense food source, the appetite for seafood, and especially fish, is only projected to keep growing. This is putting increasing strain on the existing seafood industry to keep up, not to mention already overfished waterways.

“More than three billion people depend on the ocean and its surroundings for their living,” stresses Dr Daphna Heffetz, CEO of Wanda Fish. “Marine biodiversity is critical to the survival of people and our planet. Overfishing, as well as water pollution, is damaging the vast and vital ocean ecosystem. Many wild fish populations are sadly in decline.” Heffetz brings more than 20 years of experience in establishing and growing biotechnological companies.

Producing seafood from fish cells is a niche within the alt protein scene that is rapidly gaining ground in the collective quest to address the challenges of the seafood industry. Wanda Fish was formed last year with financial and technical support from the Israeli Innovation Authority (IIA) and in conjunction with the The Kitchen FoodTech Hub. Wanda Fish already secured USD 3M in its pre-seed funding round led by The Strauss Group’s, The Kitchen FoodTech Hub. It has also gained investments from Peregrine Ventures, Pico Partners, CPT Capital, and MOREVC.

Wanda’s development team in Israel is led by R&D director Malkiel Cohen, Ph.D., a respected expert in stem cells and genome engineering for the biomedical and AagTech fields. 

To create a top-notch multidisciplinary R&D team, the team turned to Kaplan, the Stern Family Endowed Professor of Engineering at Tufts University, a distinguished University Professor, and Professor and Chair of the Department of Biomedical Engineering.  A well-known expert in biopolymer engineering, Kaplan is also a leading academic authority on cultivated meat, having recently received a US$10mn grant from the US Department of Agriculture to establish the first national center in the US dedicated to research in cellular agriculture.  

Using R&D facilities in the US and Israel, Wanda Fish is establishing a proprietary, GMO-free platform for producing cell-based finless fish fillets of varying species, without placing any burden on the ocean and the lifeforce within it. “We start with a single, one-time sample of a real native fish muscle and fat tissues,” explains Kaplan. “We then pursue the replication of the biological growth of fish, with the nutritional attributes, including protein and omega 3 content, as well as the flavor and textural properties. The results are clean, safe fish free of microplastics, mercury, or other chemical toxicities that are commonly found in some of the wild catch.”

Heffetz revealed the team have already made some headway in developing its first prototype of a fish fillet directly from fish cells. “Our platform includes animal-free growing medium, know-how in producing native muscle and fat tissues and specially customised bioreactors that will give us the capacity to scale up production and eventually bring our cultured fish products to cost parity with conventionally fished counterparts,” stated Heffetz. “By integrating innovative proprietary applications from multiple disciplines, including cell culture, biotechnology, food tech, and culinary design, we will produce a versatile range of fish species to satisfy all preferences, at affordable prices, and with uncompromising quality.”

“Having nurtured already a successful venture in meat cultivation, Wanda Fish cements our dominant position within the relatively nascent cellular agriculture category,” enthuses Jonathan Berger, CEO of The Kitchen FoodTech Hub. “With Increasing acidification, pollution, and warming of our oceans, a growing global population, and the concurrent dwindling of the sea biomass and its fish populations, the need to rehabilitate the sea and sea life has never been more pressing. Wanda Fish offers a new approach to meeting the increasing global demand for nutritious seafood without harming aquatic life. With cultivated fish, the world can eat the fish it craves while giving the ocean and its ecosystems space to heal.” 

 


LATEST NEWS IN Aquaculture

African flag registries exploited by high-risk fishing operators: Report

African flag registries exploited by hig…

Ensuring that high-risk fishing operations and vessels are excluded from national flags is a critical step to securing the waters of Africa for the legitimate and sustainable enrichment of coastal...

Angola sees boost in aquaculture and agriculture output

Angola sees boost in aquaculture and agr…

The output in the agriculture and fishing (+12.9% y-o-y) sector in Angola continues to record blockbuster growth and has surpassed pre-pandemic levels, according to the National Statistics Institute’s (INE) latest...

Wanda Fish Technologies Ltd signs agreements to advance goals in cultivated fish

Wanda Fish Technologies Ltd signs agreem…

Israel- FoodTech start-up Wanda Fish Technologies Ltd has signed two agreements with Tufts University to advance the company’s goals in the emerging field of cultivated fish

Ghana imports US$200mn fish annually

Ghana imports US$200mn fish annually

Illegal fishing is having a negative impact on Ghana's fish stock and economy, and the country is spending around US$200mn annually to import fish to meed the demand

US$7mn boost to steer growth in aquaculture across Africa

US$7mn boost to steer growth in aquacult…

Lake Harvest Group, an integrated aquaculture company from Africa, will receive a US$7mn investment from Aqua-Spark and Norfund, to contribute towards the growth of the company’s operations in Zimbabwe, Zambia...

Norway commits US$5mn to help small-scale aquaculture farmers in East Africa

Norway commits US$5mn to help small-scal…

The Norwegian Agency for Development Cooperation (NORAD) will provide US$5mn to increase the incomes and build resilience of small aquaculture farmers in Kenya, Mozambique and Tanzania

Prev Next

OTHER RELATED ARTICLES - Aquaculture

Zambia provides training to fish farmers

Zambia provides training to fish farmers

Zambia’s capital city Lusaka has announced it will provide necessary training in fish rearing to encourage more farmers to venture into aquaculture to meet the country’s protein demand

Wanda Fish Technologies Ltd signs agreements to advance goals in cultivated fish

Wanda Fish Technologies Ltd signs agreem…

Israel- FoodTech start-up Wanda Fish Technologies Ltd has signed two agreements with Tufts University to advance the company’s goals in the emerging field of cultivated fish

Kenya fish exports set for EU test

Kenya fish exports set for EU test

Kenyan fish exports will soon have to go through the Kenya Accreditation Service (Kenas) before being transported overseas, stated Kensas chairperson Marion Mutugi

Nigerian scheme extends aid to fishermen and fish farmers

Nigerian scheme extends aid to fishermen…

The Nigerian Ministry of Agriculture has announced that it is supporting 18,580 fishermen and 14,800 fish farmers across the country through its Growth Enhancement Support (GES) scheme

Namibian fish exports increase by US$67.4mn

Namibian fish exports increase by US$67.…

Namibia’s fish consumption doubled in 2012 from levels of fish consumption reported the previous year, according to the Namibia Fish Consumption Promotion Trust (NFCPT)

South Africa to set up aqua-farming facility

South Africa to set up aqua-farming faci…

The Coega Development Corporation (CDC) has set-up plans to construct an aqua-farming facility on 300ha of land at the Coega Industrila development zone outside Port Elizabeth in the Eastern Cape

US$7mn boost to steer growth in aquaculture across Africa

US$7mn boost to steer growth in aquacult…

Lake Harvest Group, an integrated aquaculture company from Africa, will receive a US$7mn investment from Aqua-Spark and Norfund, to contribute towards the growth of the company’s operations in Zimbabwe, Zambia...

Norway launches sustainable fisheries project in Sudan

Norway launches sustainable fisheries pr…

Norway and UN Industrial Development Organisation (UNIDO) have launched a US$5.08mn project for sustainable management of marine fisheries in Sudan’s Red Sea

New EU- Morocco fisheries partnership including Western Sahara

New EU- Morocco fisheries partnership in…

Members of the European Parliament (MEPs) have adopted new fisheries partnership with Morocco including Western Sahara, which aims to sets fishing opportunities for EU vessels and promote sustainable fishing policy...

Premier Fishing in South Africa set on high growth path

Premier Fishing in South Africa set on h…

Premier Fishing and Brands Limited, one of the leading fishing companies in South Africa, has achieved a profit increase by 14 per cent and profit after tax increase by 59...

Small fish production a critical asset in Africa, says FAO

Small fish production a critical asset i…

Small, fast growing wild fish could be crucial allies in the race to end hunger in some of the world's most chronically poor and underfed regions, according to an FAO...

Premier Fishing results 40 per cent increase in profits

Premier Fishing results 40 per cent incr…

Premier, one of the largest managed fishing businesses in South Africa, has announced that the company’s revenue increased by 20 per cent from US$28.01mn to US$33.46mn compared to the prior...

Prev Next