Forsea Foods

What Forsea Foods does

Forsea Foods is an Israeli food-technology company developing cultivated seafood using a proprietary organoid technology platform. The platform creates organoids from stem cells that differentiate and grow autonomously into edible cells, bypassing the expensive scaffolding step that characterizes conventional cultivated-meat production and sharply reducing growth-factor consumption. In November 2024 the company reported a record-breaking cell density of more than 300 million cells/ml in minimal growth media, which it cites as the technical basis for targeting price parity with wild-caught eel.

The company's first and only disclosed product is cell-cultivated freshwater eel (unagi), positioned as the world's first cultivated eel meat and aimed at the Japanese market — a deliberate choice driven by the species' endangered status, its inability to breed in aquaculture, and the cultural importance of unagi in Japanese cuisine. In January 2024 Forsea unveiled a prototype in partnership with Tokyo vegan restaurant SAIDO, followed by a Tel Aviv tasting event in June 2024 and the November 2024 technical milestone. The company is pre-revenue, with commercial launch targeted for 2026, and is building a manufacturing base in Kyoto, Japan to serve that market.

Forsea is venture-backed, having closed a $5.2M seed round in October 2022 led by Target Global with PeakBridge, The Kitchen FoodTech Hub, Zora Ventures, Milk & Honey Ventures, FoodHack, and Hack Capital, and supplemented by investment from Oisix La Daichi's Future Food Fund in March 2024 and backing from the Israel Innovation Authority. It employs approximately 15 people across R&D, bioinformatics, food application, and Asia business development, and operates from a headquarters in Rehovot, Israel with a planned regional office/manufacturing presence in Kyoto, Japan.

Name

Forsea Foods

Legal name

Forsea Foods

Website

https://forseafoods.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Forsea Foods is an Israeli cultivated-seafood company using proprietary organoid technology to produce cell-cultured freshwater eel (unagi) without scaffolding, targeting Japanese restaurants and food-service providers with a commercial launch planned for 2026.

Ownership category

akta.pro rank

Product category

Cultivated Seafood

NAICS

Seafood Product Preparation and Packaging (3117), Aquaculture (1125)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092)

akta.pro primary industry

Plant-Based Seafood Alternatives (Analog Fish & Shellfish) (AFANAKAK)

akta.pro secondary industry

Aquaculture Harvest, Processing & Packing (Farmed Finfish/Shellfish; On-Farm Plants) (AFANADAL)

Keywords

• Cultivated seafood
• Cell-cultured fish
• Organoid technology
• Alternative protein
• Sustainable aquaculture

Headquarters

HQ city

Rehovot

HQ country

Israel

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Cultivated Seafood Product Sales: Forsea plans to generate revenue through the sale of cultivated seafood products, starting with cell-cultured unagi (freshwater eel). The company aims for commercial launch in 2026 targeting restaurants and food service providers in Japan initially, with potential expansion to retail consumers.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Forsea Foods produces cell-cultivated seafood using a proprietary organoid technology platform that allows stem cells to differentiate and grow autonomously without scaffolding. Its pioneering product is cell-cultured freshwater eel (unagi), addressing the shortage of endangered wild eels while preserving traditional Asian cuisine. The company is targeting Japanese restaurants and food service providers initially, with commercial launch planned for 2026.

Product overview

Forsea Foods is a cultivated seafood company operating as a single-product focused organization that has developed a proprietary organoid technology platform for cultivating seafood products. The company's first and primary product is cell-cultured unagi (freshwater eel), which represents the world's first cultivated eel meat. The organoid technology enables cells to differentiate and grow autonomously without requiring scaffolding, significantly reducing growth factor usage and enabling cost-effective scalable production. Future products will include other species from the IUCN red list of threatened species.

Differentiator

Problem solved

Functional benefit

Products and services

• Cell-Cultivated Unagi (Freshwater Eel) Cell-cultured freshwater eel (unagi) produced using proprietary organoid technology. Aims to address the endangered status of wild eels and overfishing concerns while providing a sustainable alternative for traditional Asian cuisine. Targeted at Japanese restaurants, food service providers, and unagi dish manufacturers.

Quantifiable outcome

• Record-breaking cell density of over 300 million cells/ml using minimal growth media, setting new industry standard
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• SAIDO (Tokyo Vegan Restaurant)coreStrategic or Co-development Partner · 1 January 2024Forsea partnered with Tokyo vegan restaurant SAIDO to create dishes with cell-cultured eel, unveiling the first cultivated eel prototype in January 2024.
• Ramot (Tel Aviv University)coreStrategic or Co-development PartnerTechnology transfer company of Tel Aviv University. Partner providing research capabilities and academic collaboration for Forsea's technology development.
• YissumcoreStrategic or Co-development PartnerTechnology transfer company of Hebrew University. Provides research collaboration and IP licensing for Forsea's scientific founders.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BlueNalu: Cultivated seafood company developing cell-cultivated bluefin tuna, mahi-mahi, and other premium finfish. Direct competitor in the cultivated seafood space with similar B2B food-service-led go-to-market strategy.
• Wildtype: Cultivated seafood company focused on cell-cultivated salmon. Operates in the same cultivated seafood category as Forsea, using similar cell-based production approaches, but targeting a different species and US market.
• Finless Foods: Cultivated seafood company developing cell-cultivated bluefin tuna. Operates in the same cultivated seafood category and shares the mission of providing alternatives to overfished species.
• Upside Foods: Cultivated meat company (formerly Memphis Meats) producing cell-cultivated chicken and beef. One of the most advanced cultivated meat players and a direct competitor in the broader cultivated meat space.
• Shiok Meats: Cultivated seafood company focused on cell-cultivated crustaceans (shrimp, crab, lobster). Asia-based peer operating in cultivated seafood with similar cell-based approach and Asian market focus.
• Believer Meats (formerly Future Meat Technologies): Cultivated meat company producing cell-cultivated chicken, beef, and lamb. Forsea's CTO Dr. Moria Shimoni was previously EVP of Technical Strategy here, providing direct personnel and technology overlap.
• Aleph Farms: Israeli cultivated meat company producing cell-cultivated beef steaks. Shares Forsea's Israeli origin, cultivated meat technology base, and similar target markets, though focuses on beef rather than seafood.
• SuperMeat: Israeli cultivated meat company producing cell-cultivated chicken. Shares Israeli origin and cultivated meat category with Forsea; Prof. Iftach Nachman (Forsea co-founder) was previously a Scientific Advisor here.

Broad incumbents

• Mosa Meat: Dutch cultivated meat pioneer producing cell-cultivated beef. One of the largest and longest-established cultivated meat players with broader product and geographic footprint than Forsea's seafood focus.
• Good Meat (Eat Just): Cultivated meat division of Eat Just, which has received the world's first regulatory approval for cultivated meat (Singapore). A larger incumbent in cultivated meat with broader product portfolio and proven regulatory pathway.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/forseafoods

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds1 record

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forsea Foods