NIKKEI ASIA AWARD: Shiok Meats Becomes the 1st Winner
TOKYO, JAPAN: Nikkei Inc., Japan’s largest media group and publisher, announced that a Singaporean food tech company, Shiok Meats (CEO Sandhya Sriram), has been named the winner of the inaugural "NIKKEI ASIA AWARD.” Founded in 2018, Shiok Meats is involved in the development of lab-cultured seafood such as shrimp and crab. Nikkei will present a prize of 5 million yen and a trophy to Shiok Meats, and it will invite the founder to speak at the 27th International Conference on the "Future of Asia," which is scheduled to be held in May 2022.
Singapore cultured seafood startup wins Nikkei Asia Award
After careful consideration of diverse viewpoints from various parts of Asia, the NIKKEI ASIA AWARD winnowed down the choice of this year’s awardee to a single torchbearer of innovation: Shiok Meats. Through its technologies and products specializing in cultivated foodstuffs that are beloved by Asians, Shiok Meats aims to solve problems of food scarcity and to reduce heavy tolls on the global environment. Nikkei believes that these goals have earned the company esteem and represent true innovation.
Shiok Meats was founded by two women who were studying stem cells and met as colleagues at Singapore's Agency for Science, Technology and Research (ASTAR). They immediately succeeded in developing lab-grown shrimp, crab and lobster and are now working towards commercial production of these foods.