Hong Kong cell-cultured seafood startup Avant Meats raises $10.8m

Will use funds to boost R&D, launch products

20220622 Avant

Fried fillets made from Avant's lab-grown fish. The company is looking to expand its business. © Avant/Reuters

AMALA BALAKRISHNER, DealStreetAsia

SINGAPORE -- Cell-based seafood producer Avant Meats has secured $10.8 million in a Series A funding round led by S2G Ventures, according to regulatory filings.

S2G Ventures, which typically invests in companies specializing in the food, agriculture, ocean and clean energy sectors, has invested $5 million in the Singapore and Hong Kong-based company, its filings with Singapore's Accounting and Corporate Regulatory Authority (ACRA) show.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.