Announced

UMAMI Bioworks to merge with Shiok Meats from Agronomics.

Synopsis

UMAMI Bioworks, an automated and modular platform for cultivating seafood using advanced stem cell biology, machine learning, and automation, agreed to merge with Shiok Meats, a company in cultivated meat and seafood, from Agronomics, a listed venture capital firm. Financial terms were not disclosed. “Uniting UMAMI’s platform technologies around continuous biomanufacturing and machine learning-based automation with Shiok Meats’ groundbreaking crustacean work offers an expedited path to the cultivation of a range of sustainable seafood products. The technological and business synergies of this merger represent a vital strategic step towards addressing the critical challenges of cultivated seafood production and advancing our mission to supply sustainable, not-caught seafood without compromising the planet’s health,” Mihir Pershad, UMAMI Bioworks CEO.

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