The fishing industry is in crisis — could lab-grown seafood be the answer?

The fishing industry is in crisis — could lab-grown seafood be the answer?


A Singapore-based company is taking cells from endangered, threatened and protected seafood species and growing them in a lab.

As overfishing, ocean pollution and climate change threaten marine ecosystems, lab-grown fish and seafood have been touted by some as a potential solution to the fishing industry’s challenges. 

Singapore-based company Umami Bioworks is developing a platform to manufacture cell-based seafood products. 

“We look for species that are endangered, threatened or protected, and have high demand and name recognition from consumers, but that can’t be easily grown on farms economically,” Mihir Pershad, Umami founder and CEO, told CNBC Tech: The Edge.

The company has focused its efforts on a handful of species, such as eel, bluefin tuna, red snapper, lobster and prawn.  

But unlike other lab-grown food companies, Umami’s goal isn’t to make a finished product. 

“Our goal is actually selling production capacity, to basically be a technology partner. Our core platform brings together stem cell biology, machine learning and industrial automation,” Pershad said. 

Umami hopes to begin commercialization in 2025. 

In 2023, it teamed up with Israeli company Steakholder Foods to produce the world’s first 3D printed lab-grown fish fillet, and it is currently working with a Malaysian biotechnology company to bring the first large-scale cultivated food factory to Southeast Asia.

Partnerships like these will be key to ensure the sustainability of Asia’s aquaculture industry, which accounts for 92% of global production. 

Watch the video above to find out how Umami Bioworks is making its cell-based seafood products.



Source

Stock futures slip as traders watch oil prices, Iran war for effect on economy: Live updates
World

Stock futures slip as traders watch oil prices, Iran war for effect on economy: Live updates

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures slipped Wednesday night after the Dow Jones Industrial Average posted a second day of losses and rising oil prices kept traders on edge. Dow futures fell 294 points, or 0.6%. S&P 500 futures lost 0.6%, while Nasdaq 100 futures also dropped […]

Read More
Oracle’s TikTok stake sits at just over  billion, filing shows
World

Oracle’s TikTok stake sits at just over $2 billion, filing shows

Sopa Images | Lightrocket | Getty Images Almost two months after TikTok’s U.S. operations officially landed in the hands of a group of investors, Oracle disclosed its stake in the joint venture at roughly $2 billion. In its quarterly financial filing on Wednesday, Oracle said it recorded “non-marketable debt investments and equity securities and related […]

Read More
Dow slides 300 points as oil prices move higher again amid Iran conflict: Live updates
World

Dow slides 300 points as oil prices move higher again amid Iran conflict: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Michael M. Santiago | Getty Images The Dow Jones Industrial Average fell on Wednesday as investors continued to eye developments in the U.S.-Iran war and oil prices. The 30-stock index shed 328 points, […]

Read More