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ISH raises over $5 million in seed funding to innovate plant-based seafood offerings

The B Corp Certified Vegan Food Company demonstrates the continued growth and development of healthy and sustainable seafood alternatives

Rockland, Del.And January 24, 2023 /PRNewswire/ — ISH companya startup that is disrupting the food industry with healthy and sustainable plant-based seafood alternatives, announced today that it has raised more than 5 million dollars For round seeds to accelerate the growth and development of plant food products. It led the round in which it was oversubscribed ACCELR8with the participation of wayward capitalAnd many angel investors. ISH raised approx $10 million to go on a date.

ISH company

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The funds will be used primarily to advance ISH and vegan seafood into the burgeoning vegan food market, help the company continue to create more innovative products, and lay the foundation for future partnerships. ISH uses a whole system approach to fill a market gap by developing sustainable, healthy and delicious vegan versions of consumers’ favorite seafood.

ISH products meet the growing demand for plant-based seafood while working towards a more sustainable future. Studies have found that shrimp, the most common type of seafood in the United States, causes this four times More greenhouse gas emissions than beef. Shrimp production also disturbs marine ecosystems due to the unintentional catch of additional species that occurs during commercial fishing, which increases the need for sustainable shrimp products. ISH’s products fill a huge gap in the vegan market by using healthy, natural ingredients like coconut and algae to create delicious products that mimic the texture and flavor of shrimp and other seafood products, which other brands struggle to imitate.

“The plant-based market has seen amazing growth over the past couple of years, but there is an enormous shortage of seafood alternatives,” he said. Bernard David, CEO and Founder of ISH Corporation. “Currently, two-thirds of seafood is consumed away from home, which is why we have focused on providing healthy and sustainable plant-based seafood alternatives to diversify plant-based offerings to consumers initially in restaurants and universities.”

ISH, which stands for Innovation, Sustainable, and Healthy, launched its flagship Shrimpish® product, plant-based shrimp, in early 2022, and has a strong product portfolio in development with over 25 products, including salmon, cod, lobster, and lobster alternatives that have Same taste and texture as its live counterparts.

sharing Justin KernPartner, at ACCELR8, which invests in companies that are making massive changes to reduce the effects of climate change. “We believe the ISH team is uniquely positioned to make a splash in the vegetarian seafood market, without sacrificing health and environmental concerns.”

“ISH helps people access delicious, healthy and sustainable vegan seafood, which is a market where we see huge opportunities,” he said. Lisa Gallery, CEO at Stray Dog Capital. “The vegetarian seafood category has the potential to compensate 500 million dollars in sales and we are excited to include ISH in our portfolio as this number continues to grow.”

Funding news comes on the heels of the company B Corp Certificate In addition to a recent partnership with Thai Federation. The company’s products are currently available to consumers in many restaurants, colleges, and universities across the country. To find out more, visit ishfood.com.

About ISH

ISH is a Certified B-Corp, plant-based food company founded in 2020. The company’s mission is to bring innovative, sustainable, healthy and delicious plant-based foods to every plate around the world. Shrimpish® is the first product launched in 2022, and tastes, looks, and cooks just like a seafood alternative. The company is building a strong pipeline including Salmonish™, Codish™, Crabish™, Lobsterish™ and other complementary portfolio. Currently available for sale at United StateISH starts from a simple place: Eat well, do good for our bodies and the world we live in. Visit us at www.ishfood.com

Media contact:
BAM for ISH
[email protected]

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SOURCE The ISH Food Company