Landlocked Switzerland Dives Into Alt-Seafood Market & More News Here

(MENAFN- Swissinfo)
Aqua Cultured Foods makes use of fermented fungi to make fish-free equivalents of tuna, whitefish, calamari, and shrimp. Image courtesy of Aqua Cultured Foods

As a diver, Brittany Chibe is aware of local weather change and overfishing take a heavy toll on the ocean. Seeing the bleached corals of Australia’s Great Barrier Reef on her first scuba dive seven years in the past was a devastating expertise.“It’s something that weighed on my heart for a really long time,” says Chibe, a 35-year-old food-tech entrepreneur.“And I didn’t know how I could, as one individual, make some change.”

This content material was revealed on June 14, 2022 – 09:00 June 14, 2022 – 09:00 Dominique Soguel (textual content), Pauline Turuban (graphics)

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So when Anne Palermo, whom she had met at a networking occasion in Chicago years earlier, confirmed her photographs of the spongy, seafood-like fungi that she had grown in her house kitchen in the summertime of 2020, she acknowledged the potential and jumped on the probability to make a distinction. Chibe partnered up with Palermo. Both ladies already had their very own corporations, however Chibe didn’t hesitate to promote hers to focus collectively on Aqua Cultured Foods. They integrated the corporate within the United States in December 2020.

Their experiments in Chicago shortly gained consideration in Switzerland. The firm took half in a five-month accelerator programme at Big Ideas Venture within the United States in early 2021, which paved the best way for $2.3 million in pre-seed funding; buyers included Gonzalo Ramirez Martiarena, CEO of the Geneva-based Swiss Pampa. The firm was then approached by Zurich’s Kickstart Innovation programme and that culminated in a partnership with Migros, Switzerland’s largest retailer.

“The Swiss have an interest in these alternative proteins,” says Chibe. As a subsequent step she plans to evaluate client acceptance of her firm’s plant-based seafood options in Switzerland.“It’s a nice market to go test on a smaller scale, get feedback from consumers, and tweak the product as needed before launching throughout the rest of Europe.”

When it involves meals, Switzerland has a stable sense of journey. Tradition made the nation synonymous with cheese and chocolate, nevertheless it was additionally Europe’s first to approve insect-derived merchandise and punches above its weight on meals science and know-how innovation. Plant-based dairy and meat options are already successful with Swiss shoppers. Food trade big Nestlé and Migros are amongst many Swiss corporations betting on animal-free meals merchandise that may credibly substitute seafood and fish. Overall, Switzerland is as a really perfect testing floor for client curiosity and gross sales. Novel meals market laws are looser than within the European Union and the inhabitants is more and more conscious of the environmental influence of its consumption habits. 

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