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BlueNalu, A Cellular Aquaculture Company, Announces World-Class Advisory Board

January 17, 2019

SAN DIEGO--(BUSINESS WIRE)--Jan 17, 2019--BlueNalu, a cellular aquaculture company with a mission to create and provide clean seafood to the world, announced today the formation of its world-class, interdisciplinary advisory board, including leaders at the forefront of ocean health, the culinary industry, and food commercialization. Global demand for seafood is at an all-time high, and supply cannot keep pace with demand, as populations of marine species have halved since 1970. BlueNalu will supplement current fishing efforts and produce seafood directly from fish cells, in a way that is healthy for people, humane for animals, and sustainable for our planet.

The newly appointed board represents a diversity of industries, non-profits, and academic backgrounds, and hail from major multinational organizations including Campbell Soup Co., Nestlé, the Prince Albert II of Monaco Foundation, and the Culinary Institute of America. They will serve as strategic advisors in guiding the direction and scale of BlueNalu’s growing company.

“The team at BlueNalu is the most experienced in the industry and is clearly able to manage the scale of this endeavor, and I am excited to contribute alongside these visionaries,” says Pierre-Yves Cousteau, global environmental consultant and President of Cousteau Divers. “I have a very personal relationship with the sea, and BlueNalu’s impacts can lead to a significant improvement to our global health, and to the sustainability of our oceans.”

“I am thrilled to be part of this company that can provide my favorite ingredient, seafood, in a modern way that we could only dream of,” said Roy Yamaguchi, founder of Roy’s Restaurants and international culinary visionary. “The possibilities for seafood produced via the BlueNalu technology are endless--from providing year-round seafood options that are normally seasonal, to broadening taste palettes by providing species normally inaccessible from across the globe.”

The nine new advisory board members include:

Carlos Barroso President, CJB and Associates; Former SVP Global R&D Campbell Soup Co.; Former SVP R&D, PepsiCo

Pierre-Yves Cousteau President, Cousteau Divers; Environmental Consultant

Susie Fogelson President, Fogelson & Co.; Former SVP Marketing and Brand Strategy, Food Network and Cooking Channel

John B. Kelly, III President, Prince Albert II of Monaco Foundation USA

Kevin Lyons, PhD Associate Professor Supply Chain Environmental Management, Rutgers Business School

Timothy Morck, PhD President, Spectrum Nutrition, LLC; Former VP Science & Regulatory Affairs, Nestlé USA Corporate Affairs; Former VP Personalized Nutrition, DSM

L. Timothy Ryan, EdD President, Culinary Institute of America; Certified Master Chef and Culinary Olympics Champion

Roy Yamaguchi Founder, Roy’s Restaurants, James Beard Award Winner

Yonathan Zohar, PhD Chair, Department of Marine Biotechnology, University of Maryland

BlueNalu was founded in 2018 with a unique team of business, science, operations, marketing, and culinary experts as integral parts of the company since its inception. This addition of nine advisory board members supplements the talented BlueNalu team with experts in a variety of functional areas that will be required for the global launch and commercial success for BlueNalu’s cell-based seafood products.

“With our extremely ambitious mission, it is essential that we have a global, diverse set of advisors providing us with their insights and expertise,” said Lou Cooperhouse, co-founder, president and CEO of BlueNalu. “As eminent industry leaders with tremendous experience, these advisory board members are all very excited to join us, not only because of the potential of producing various species that we can bring cleanly into our food supply, but also because of the sheer scale and positive impact that BlueNalu can have on our planet’s health over time.”

Board members will serve as advisors to BlueNalu in matters such as business and market development, science and technology, operations and commercialization, consumer marketing and communication, nutrition and regulatory affairs, product development and optimization, and the environmental and sustainability impacts associated with the Company.

To date, BlueNalu has attracted $4.5 million in funding, that originated from more than 25 investors from five nations, and it has initiated design plans for its first factory.

For more information about BlueNalu, visit  bluenalu.com.

For more information and biographies on the BlueNalu Advisory board, visit  bluenalu.com/advisory-board.

About BlueNalu

BlueNalu’s mission is to be the global leader in cellular aquaculture™, providing consumers with great tasting, healthy, safe, and trusted seafood products that support the sustainability and diversity of our oceans. BlueNalu was founded in 2018 and is based in San Diego, California.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190117005206/en/

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KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: STEM CELLS HEALTH BIOTECHNOLOGY NATURAL RESOURCES AGRICULTURE PROFESSIONAL SERVICES FINANCE RETAIL FOOD/BEVERAGE RESEARCH OTHER SCIENCE SCIENCE

SOURCE: BlueNalu

Copyright Business Wire 2019.

PUB: 01/17/2019 01:00 PM/DISC: 01/17/2019 01:00 PM

http://www.businesswire.com/news/home/20190117005206/en

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