SINGAPORE -- A Singaporean startup that makes lab-cultured seafood has been named winner of the inaugural Nikkei Asia Award for its unique technology and potential benefit to society, Nikkei announced Monday.
Founded in 2018, Shiok Meats is a unique company in Asia's emerging alternative food industry, as it focuses on shrimp, lobster, and crab. Its products have the potential to contribute to food security as the global population grows. They may also help resolve problems such as overfishing and environmental damage stemming from construction of fish farms -- key issues for Asia.
