Shiok Meats

Shiok Meats Raises $30M in Series A

Shiok Meats has successfully raised $30M in a Series A at a $100M valuation led by Aqua-Spark, Genesis Alternative Ventures.

Company Overview

Shiok Meats is a FoodTech company headquartered in Singapore, founded in 2018 with 30+ employees.

Cell-based seafood and meat

Fundraising Details

• Amount Raised: $30M
• Round Type: Series A
• Valuation: $100M
• Date: 2021-03-08
• Investors: Aqua-Spark, Genesis Alternative Ventures

About Shiok Meats

Cell-based seafood and meat The company is positioned in the FoodTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Singapore
• Founded: 2018
• Team Size: 30+
• Industry: FoodTech

What This Means

This funding round demonstrates strong investor confidence in Shiok Meats's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The FoodTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Shiok Meats's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $100M valuation marks an important milestone for Shiok Meats, positioning the company among notable players in the FoodTech industry.

Looking Ahead

With this new capital, Shiok Meats is well-positioned to execute on its growth strategy and continue building innovative solutions in the FoodTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2021-03-08. For more information about Shiok Meats, visit their headquarters at Singapore.