Green Queen announced “Upside Foods acquires cultivated seafood company Cultured Decadence.” The article reports, “the Wisconsin-based cultivated seafood company will bring high-impact seafood products to the Upside portfolio,” adopt the brand name Upside Foods (SOSV IBSF02 2015), and remain in the Midwest as a production hub.
About the acquisition, CEO of Upside Foods Uma Valeti said, “Seafood has a rich and delicious culinary tradition that makes it a favorite across the globe. Cultivated seafood also has a tremendous potential to benefit the world. Cultured Decadence’s technology is incredibly promising, and their team is filled with passionate, smart individuals who want to make our favorite food a force for good.”
Co-founders of Cultured Decadence, John Pattison and Ian Johnson said: “Upside’s unparalleled R&D and scale up capabilities will significantly accelerate the commercialization of cultivated delicious, sustainable, and humane seafood… There’s nobody else we’d rather join to build the future of food.”