Fundz

BlueNalu Secures $60 Million in Convertible Note Financing

PRIVATEJan 19, 2021

Amount Raised

$60 Million

Round Type

Convertible Note

San DiegoOtherFood And Beverage

Description

BlueNalu, a leading innovative food company producing a variety of seafood products directly from fish cells, today announced the closing of $60 million in debt financing from new and existing investors. This marks the largest financing to date in the cell-based seafood industry worldwide. Previously, BlueNalu announced completion of its Series A round of $20 million in early 2020, and its Series Seed round of $4.5 million in early 2018.

Quick answer

BlueNalu raised $60 Million in a Convertible Note round, dated January 19, 2021. BlueNalu is based in San Diego, California, United States.

How much did BlueNalu raise?
BlueNalu raised $60 Million in a Convertible Note round on January 19, 2021.
What does BlueNalu do?
BlueNalu's mission is to be the global leader in cell-cultured seafood, providing consumers with great tasting, healthy, safe and trusted seafood products, that support the sustainability and diversity of our ocean.
Where is BlueNalu based and how big is it?
BlueNalu is based in San Diego, California, United States.
Who are the decision-makers at BlueNalu?
Fundz holds 1 contact at BlueNalu. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food And Beverage around the same time

Companies in the same sectors as BlueNalu that raised within 45 days of this round, from Fundz verified event records.

  • Medicine Man Technologies, Inc. raised an undisclosed amount (Funding Round) on March 2, 2021.
  • M2 Ingredients raised $2.3M (Seed) on March 1, 2021.
  • Lopaus Point raised $350K (Seed) on February 19, 2021.
  • Bonumose raised $41M on February 17, 2021.
  • Arcadia Biosciences raised $25M on February 16, 2021.
  • Sow Good raised $2.5M (Seed) on February 11, 2021.

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Company Information

Company

BlueNalu

Location

San Diego, California, United States

About

BlueNalu's mission is to be the global leader in cell-cultured seafood, providing consumers with great tasting, healthy, safe and trusted seafood products, that support the sustainability and diversity of our ocean. Consumers worldwide have become increasingly aware of the challenges that exist in our fishing and seafood industry. BlueNalu will disrupt the current industry practice, in which fish are farmed or wild-caught in our oceans and seas. Instead, we will produce real seafood products directly from fish cells, in a way that is healthy for people, humane for animals, and sustainable for our planet.

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1 contact
Verified contacts4 people are listed at BlueNalu. We don't have their email yet.See plans and pricing
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BlueNalu raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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