Ever After Foods, an Israeli cultivated protein company, has purchased Fishway, a Belgian biotechnology firm specializing in aquatic cell biology and animal-component-free media. This acquisition adds fish cell cultivation capabilities to Ever After Foods' manufacturing platform and establishes a scientific base in Europe. Fishway will now operate as Ever After Foods' European center of excellence for aquatic cell biology and ACF media development, with the company securing an additional $2 million for continued platform work and commercialization.
The collaboration aims to produce cultivated functional protein ingredients for premium pet food initially, with plans for cultivated meat and seafood in the future. The acquisition reflects a trend in the cultivated protein industry towards integrating complementary technologies into scalable industrial platforms. Ever After Foods, majority owned by Pluri Inc., is expanding its capabilities and footprint through this strategic acquisition, positioning itself for growth and innovation in the cultivated protein market.
*This summary was generated using AI.
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