Investing in ImpacFat: A Leap Towards Sustainable Omega-3 Sources

Investment in ImpacFat: A Leap Towards Sustainable Omega-3 Sources

In a bold move to advance its commitment to sustainable food solutions, Toyo Seikan Group Holdings has recently invested in ImpacFat, a pioneering startup based in Singapore. Established by a research team from A*STAR in 2022, ImpacFat specializes in developing functional ingredients derived from cell-cultured fish fats, particularly from fish species such as eel and pangasius.

With a growing global demand for health-conscious products, the unique cell-cultured process employed by ImpacFat to cultivate fish fat cells is notable. These fats are rich in Omega-3 fatty acids (DHA and EPA), which are recognized for their beneficial impacts on health, including inflammation reduction and beauty enhancement. Increasing the availability of these essential nutrients through sustainable methods aligns perfectly with the values and goals of Toyo Seikan Group, which aims to leverage innovation for a sustainable future.

The ImpacFat Advantage

According to ImpacFat's mission, “To bring the healthiest and tastiest fish fat to every country in a sustainable manner,” the firm aspires to efficiently produce and supply Omega-3 rich fish fats for various applications. Their focus is on meeting the growing needs for functional ingredients within food, supplements, and cosmetics sectors. The ability to cultivate fish fats in a controlled environment not only de-emphasizes the environmental strain caused by overfishing but also supports food security.

The strategic partnership between Toyo Seikan and ImpacFat will allow both companies to explore the dynamic opportunities within this domain. Toyo Seikan seeks to capitalize on ImpacFat’s groundbreaking work and combine their expertise in packaging and material development to advance the practical applications of these functional ingredients. The collaboration aims to innovate across various sectors, including food production and nutritional supplements, thus broadening the market presence of both organizations significantly.

Looking Toward the Future

The recent investment represents Toyo Seikan Group’s ongoing efforts since 2020 to fund and collaborate with startups focused on cellular food development and next-generation value chain innovations. The establishment of a scalable and rapid cell-cultured production method at ImpacFat positions them as an ideal strategic partner for Toyo Seikan, especially as it explores business opportunities and pathways towards commercialization.

This partnership marks the second investment in Singapore's cellular food area, following Toyo Seikan’s previous involvement with Shiok Meats Pte. Ltd. (now Umami Bioworks). With a wealth of experience and a robust network, Toyo Seikan is poised to accelerate the commercialization of cell-cultured fish fats and expand their utilization in a variety of applications.

Open Innovation at Toyo Seikan Group

Moreover, the collaboration aligns seamlessly with Toyo Seikan’s open innovation initiative, the OPEN UP! PROJECT, which was launched in 2019. The project focuses on leveraging over a century of container technology and expertise to address societal challenges and create a sustainable future. As they continue facing various social issues, the group remains committed to using their innovative capabilities to foster solutions that benefit both individuals and the environment.

Overview of Toyo Seikan Group

Toyo Seikan Group is a leading comprehensive packaging container manufacturer, with over 100 years of experience. The company produces a wide range of containers made from metals, plastics, paper, and glass, catering to various industries globally. Their initiatives also include engineering, filling, logistics, steel-related businesses, and functional materials, establishing a diverse operational framework aimed at maximizing stakeholder value while considering long-term environmental sustainability.

With approximately 19,000 employees and a consolidated sales revenue forecast of ¥922.5 billion for the fiscal year ending in March 2025, Toyo Seikan Group is strategically positioned to continue its legacy of innovation and responsibility in packaging and food safety. As they embrace new partnerships and technologies, the future looks promising for their ongoing endeavors in sustainable food production and beyond.