BlueNalu

San Diego, CA · Founded 2017 · Privately Held (backing)

Producer of cell-cultivated seafood products intended to provide sustainable alternatives to conventional fishing. BlueNalu is based in San Diego, CA and was founded in 2017. Its last reported valuation was $334 million in Oct 2023. It has raised $129 million across 2 recorded rounds; the latest was a $10.5 million early-stage round in Dec 2025.

Last reported valuation
$333.5M
Oct 2026
Priced at
—
Total raised
$129.0M
Last round
Early Stage VC
Dec 2025

BlueNalu key facts

as of Oct 2026
  • Producer of cell-cultivated seafood products intended to provide sustainable alternatives to conventional fishing.
  • BlueNalu is valued at approximately $333.5M as of Oct 2026 (last reported valuation).
  • It has raised $129.0M across 2 recorded rounds; the latest was Early Stage VC ($10.5M) in Dec 2025.
  • Notable investors include Impact Assets, OurCrowd, CONNECT (San Diego), Siddhi Capital, KBW Ventures — 45 tracked in total.
  • BlueNalu has filed 1 Form D with the SEC, most recently Aug 2019 ($5.0M sold to 4 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$333.5M

BlueNalu's last reported valuation, Oct 2023. Nothing priced has surfaced since.

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BlueNalu funding rounds

2 rounds
Dec 2025Early Stage VC$10.5MSEC filing▮
Aug 2019Seed Round$5.0MSEC filing▮

BlueNalu valuation

BlueNalu's last reported valuation was $334 million in Oct 2023. No priced round, secondary trade or fund mark has surfaced since.

How much has BlueNalu raised?

BlueNalu has raised $129 million in total; 2 of its rounds are on record. The largest on record was a $5 million seed round in Aug 2019; the most recent was a $10.5 million early-stage round in Dec 2025.

BlueNalu has filed 1 Form D with the SEC, most recently in Aug 2019 ($5 million sold to 4 investors).

BlueNalu investors

45 investors are on record for BlueNalu, including Impact Assets, OurCrowd, CONNECT (San Diego) and Siddhi Capital. By type, the record holds 6 venture capital firms and 2 growth equity firms. The early-stage round in Dec 2025 drew 47 investors.

About BlueNalu

Producer of cell-cultivated seafood products intended to provide sustainable alternatives to conventional fishing. The company produces seafood directly from fish cells, initially focusing on bluefin tuna toro, enabling restaurants and consumers in the B2C market to access high-quality seafood while reducing pressure on wild fish populations and supporting environmentally responsible seafood production.

Sector
Consumer Products and Services (B2C)
HQ
San Diego, CA, United States
Founded
2017
Employees
49
Ownership
Privately Held (backing)

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