
Avant Meats is the first cultivated meat technology company in China.
Hong Kong-based Avant Meats uses fish cells to make cultivated seafood products, including fish maw and sea cucumber. Avant held its first taste test of its fish maw product in November of 2019. Avant has also debuted a prototype for Asia’s first cultivated fish fillet, which was recently featured in a cooking demonstration from Hong Kong culinary star Chef Eddy. In December 2020, the startup closed a $3.1 million seed round of funding. The round included participation from China Venture Capital, AngelHub, ParticleX, Lever VC, CPT Capital, Loyal VC, Artesian, and 208 Seed Ventures. PTG Food and Regal Springs Chairman Markus Haefeli also participated. Avant said part of its new funding will go towards lowering production costs of its cell-based seafood products. The company hopes to bring products to market in 2021.
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