Wild-caught and farmed seafood face sustainability and supply constraints, while plant-based products often lack whole-cut structure and cod-like performance.
Loki Foods develops a plant-based cod fillet designed to reproduce the texture, nutrition, and cooking behaviour of white fish.
Investment Funding
Last Funding Stage
Pre-Seed
Total Funding Amount
650.K
Last Funding Amount
500.K
Last Funding Date
09-08-2022
Startup Stage
Seed
Lead Investors
Kale United, HackCapital, VegInvest, Sustainable Food Ventures, MGMT Ventures
People
Founders
Bjorn Vidar Adalbjornsson
Christopher McClure
About
Loki Foods creates plant-based, sustainable seafood. Its goal is to provide the world with sustainable, plant-based Arctic food that is high in nutrition, taste, texture, cookability, and affordability.
Products
Product
Plant-based cod fillet for foodservice and retail applications.
Star Product
Plant-based cod fillet, because it is Loki Foods’ first and defining seafood alternative.
Demo Product or Complete Product?
Pilot and early production stage; the company opened a production site in Iceland and announced its first plant-based cod fillet.
Future Plan
Investment Funding
Raised approximately $650,000 in pre-seed funding.
M&A and Collabs
Collab
NoPalm Ingredients, Flecks, NewMilkLab, and the University of Iceland in the Eurostars-supported Palm+ consortium.
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