This company just raised $3.5 million in a seed round and is on a mission to solve world hunger through science.
It’s called Wild Type— inspired by a biology term meaning something exists naturally.
So, how will it find enough food to feed the growing masses, you may be wondering?
Well, first, let's get something straight. The company will not be “finding” food but growing it in a lab. More specifically, Wild Type will be working on engineering protein growth.
That means more beef, chicken, fish, (you name it) to feed the world!
Wild Type’s founders, Justin Kolbeck and Arye Elfenbein, aim “to develop a platform and set of technologies that would allow any meat to be cultured in the lab using well-defined procedures,” as reported by “Tech Crunch.” “...the essential concept is to multiply basic animal cells in the lab and effectively culture meat. This means that the meat is fundamentally ‘meat,’ and not a meat substitute…”
You read right. Nothing like what Impossible Foods and Beyond Meat are doing which is substituting meat protein with plant-based protein alternatives.
The seed round was led by Spark Capital and Root Ventures, Mission Bay Capital along with a group of angels were active participants. Wild Type hopes to invest in infrastructure, lowering meat cost and increasing manufacturing capability thanks to the seed round.
The founders of the company have an interesting background which led to the birth of Wild Type.
According to TechCrunch, Kolbeck was compelled to help feed the world during his time serving as a U.S. diplomat in Afghanistan, where he witnessed how some locals would smuggle meat across the dangerous Pakistan border. When he came back to America, he met Elfenbein who was specializing in cardiology and his research helped him realize “that some of the fields he was working on, including tissue engineering, stem cell biology, and cell development could intersect and ‘not just solve heart problems but could feed the world.’”
To learn more read “TechCrunch.”