Thai Union Group

Thai Union Group is a leading global seafood-based food products company that specializes in the production of shelf-stable seafood items. Its diverse product portfolio includes tuna, shrimp, salmon, sardines, mackerel, and cephalopods, as well as bakery and pet food products. Thai Union markets its offerings under well-known brands such as Chicken of the Sea, John West, King Oscar, and Petit Navire, catering to customers in Thailand, North America, and Europe. The company is dedicated to sustainability and innovation, being a member of the United Nations Global Compact and a founding member of the International Seafood Sustainability Foundation. In 2015, Thai Union launched its SeaChange® sustainability strategy, which has garnered international recognition, including being ranked first in the Food Products Industry by the Dow Jones Sustainability Index in 2018 and 2019.

Thiraphong Chansiri

President and CEO

14 past transactions

Alchemy FoodTech

Convertible Note in 2022
Alchemy FoodTech is a food science and technology company focused on developing innovative active food ingredients aimed at combating diabetes. The company emphasizes preventive healthcare, striving to ensure that individuals do not develop diabetes in the first place. By integrating advanced food, bio, and medical technologies into everyday foods, Alchemy FoodTech enhances disease management for diabetics and promotes diabetes prevention for the general public. They offer a plant-based fiber blend designed to slow glucose release from refined carbohydrates, such as white rice, while also providing a higher fiber content than brown rice. This powdered blend can be easily incorporated into meals without altering the taste, texture, or appearance of the food, helping users achieve a balanced diet.

Jellagen

Series A in 2022
Jellagen is a Med-Tech company specializing in high-grade native collagen sourced from jellyfish. This unique collagen is utilized for a range of applications in tissue engineering, regenerative medicine, stem cell research, and various cell culture processes. Jellagen provides its products in both solution and powder forms, ensuring batch-to-batch consistency that is beneficial for research and medical applications. By offering non-mammalian collagen, the company enables medicinal researchers to conduct in-house research and development, supporting the creation of innovative medical devices and advancing new methods for wound management and tissue engineering.

Orgafeed

Corporate Round in 2021
Orgafeed is a provider of sustainable protein, focusing on insect protein for pet food. The company has developed a pet food brand named "Laika," which offers dog foods made from black soldier fly larvae. These larvae are raised on a diet of pre-consumed food waste, aligning with circular economy principles. Orgafeed aims to make healthy pet food accessible and affordable, allowing pet owners to make sustainable and nutritious choices for their animals.

Aleph Farms

Series B in 2021
Aleph Farms Limited, based in Ashdod, Israel, is a food technology company focused on sustainable animal product innovation through cellular agriculture. Founded in 2017, Aleph Farms has pioneered the development of lab-cultured meat, notably unveiling the world’s first cultivated thin-cut steak in 2018 and the first cultivated ribeye steak in 2021. The company utilizes proprietary three-dimensional bioprinting technology to grow animal products directly from non-genetically modified cells, thereby eliminating the need for animal slaughter. Under its product brand, Aleph Cuts, Aleph Farms is set to launch the Petit Steak, which is produced from premium Angus cow cells. The company has been recognized for its commitment to climate leadership and sustainability, receiving accolades from the World Economic Forum and the United Nations for its net zero commitment made in 2020.

Aleph Farms

Series B in 2021
Aleph Farms Limited, based in Ashdod, Israel, is a food technology company focused on sustainable animal product innovation through cellular agriculture. Founded in 2017, Aleph Farms has pioneered the development of lab-cultured meat, notably unveiling the world’s first cultivated thin-cut steak in 2018 and the first cultivated ribeye steak in 2021. The company utilizes proprietary three-dimensional bioprinting technology to grow animal products directly from non-genetically modified cells, thereby eliminating the need for animal slaughter. Under its product brand, Aleph Cuts, Aleph Farms is set to launch the Petit Steak, which is produced from premium Angus cow cells. The company has been recognized for its commitment to climate leadership and sustainability, receiving accolades from the World Economic Forum and the United Nations for its net zero commitment made in 2020.

ViAqua Therapeutics

Venture Round in 2021
ViAqua Therapeutics Ltd is an Israeli company founded in 2014 that specializes in developing innovative drugs and therapeutics for the aquaculture industry. The company focuses on creating the first orally administered treatment designed to combat viral diseases affecting aquatic species, particularly shrimp. ViAqua's proprietary platform employs a unique RNAi nanoparticle formulation that triggers a cellular response to disable viral infections. This technology enables the delivery of coated nanoparticles through feed or immersion techniques, enhancing the resistance of aquaculture species against viral epidemics. With a management team experienced in business development and industrial biotechnology, ViAqua aims to improve the health and sustainability of aquaculture practices.

JOYNCO

Grant in 2021
JOYNCO is an O2O company to develop the retails, restaurants and products based on culture and customer integrated experiences.

BlueNalu

Convertible Note in 2021
BlueNalu, Inc. is a cellular aquaculture company based in San Diego, California, founded in 2017. It specializes in the production and marketing of cell-based seafood products, cultivating fish tissue from cells to meet the growing global demand for seafood while promoting sustainability. By utilizing innovative techniques, BlueNalu produces healthy, safe, and tasty seafood dishes that are free from plastics, pathogens, toxins, and other contaminants. The company aims to support ocean diversity and sustainability, providing consumers and restaurants with trusted seafood options that align with ethical and environmental standards.

Alchemy FoodTech

Venture Round in 2020
Alchemy FoodTech is a food science and technology company focused on developing innovative active food ingredients aimed at combating diabetes. The company emphasizes preventive healthcare, striving to ensure that individuals do not develop diabetes in the first place. By integrating advanced food, bio, and medical technologies into everyday foods, Alchemy FoodTech enhances disease management for diabetics and promotes diabetes prevention for the general public. They offer a plant-based fiber blend designed to slow glucose release from refined carbohydrates, such as white rice, while also providing a higher fiber content than brown rice. This powdered blend can be easily incorporated into meals without altering the taste, texture, or appearance of the food, helping users achieve a balanced diet.

HydroNeo

Seed Round in 2020
HydroNeo specializes in intelligent aquaculture management, focusing on the shrimp farming industry. The company has developed a comprehensive Smart Farm Management System that utilizes advanced sensors and automation to monitor and control farm conditions, particularly water quality. This innovative technology addresses significant challenges faced by shrimp farmers, such as protecting harvests from pollutants and optimizing yield while minimizing water degradation. By offering a one-stop solution that enhances productivity and reduces operational costs, HydroNeo positions itself as a trusted partner for shrimp farmers, aiming to create value for both its customers and the environment.

Flying Spark

Corporate Round in 2019
Flying Spark specializes in the research and development of processes for producing high-quality protein powders from fruit fly larvae. The company focuses on cultivating and processing these larvae to create protein powders and oils that can be utilized in various applications, including human food products, animal feed, and cosmetics. Their protein powder is particularly noted for its rich content of iron, calcium, magnesium, and dietary fibers, making it an excellent source of amino acids. The product's white color and mild flavor allow for seamless integration into a wide range of food and feed products.

Red Lobster

Funding Round in 2016
Red Lobster Seafood Co., LLC is a prominent seafood restaurant chain headquartered in Orlando, Florida, with locations throughout the United States. Established in 1968, the company aims to be a leading destination for seafood dining, emphasizing a commitment to providing an exceptional experience for its guests. Red Lobster focuses on delivering high-quality seafood and values its employees, fostering a culture centered on excellence in service and results. As of September 30, 2020, it operates as a subsidiary of Thai Union Investments North America LLC.

Bumble Bee Seafoods

Acquisition in 2014
Bumble Bee Seafoods, founded in 1899 by a group of dedicated fishermen, is a privately held company headquartered in San Diego, California. It is the largest branded shelf-stable seafood company in North America, specializing in a diverse range of products including canned and pouched tuna, salmon, sardines, and other specialty seafood items. The company’s offerings extend to canned chicken, snack kits, shrimp, crab, oysters, clams, and various shellfish. Bumble Bee Seafoods markets its products under several well-known brands, such as Bumble Bee®, Brunswick®, Sweet Sue®, Snow’s®, Beach Cliff®, Wild Selections®, and Bumble Bee SuperFresh® in the U.S., as well as the Clover Leaf® brand in Canada. The Bumble Bee® brand is recognized for its quality, nutritional value, and affordability, fostering strong consumer awareness and loyalty.

King Oscar AS

Acquisition in 2014
King Oscar AS is a canned seafood company renowned for its diverse range of seafood products, with sardines being its flagship offering. The company specializes in tinning a variety of award-winning items, including brisling and Baltic sardines, mackerel, herring, tuna, salmon, and cod. Additionally, King Oscar produces specialty items such as fish salads and fish pâtés. In the United States, the product line features popular items like brisling sardines, anchovies, and kipper snacks, catering to a broad audience with a focus on quality and taste.
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