SINGAPORE - Cultivated meat company Avant Proteins is giving up its slice of the Singapore market, The Straits Times has learnt.

In a notice on Singapore’s Gazette, the seafood cell research company declared on Jan 26 that it was voluntarily winding up its business here due to its liabilities.

A Linkedin post by the company the following day on Jan 27 said the firm plans to transition operations out of Singapore.

Avant Proteins is the research firm of Hong Kong-founded Avant, which is branded as Asia’s first cultivated fish company. It was founded in 2018 with the dream of producing fish meat without killing them.

The firm’s Hong Kong entity - Avant Meats Company - remains a private company limited by shares as at Feb 10, according to its government’s companies registry.

Avant Protein’s exit from Singapore marks the latest of

at least three firms in the

lab-grown meat sector

that have struggled to scale its operations in Singapore, years after the Republic hit global headlines as the first country to approve the commercial sale of cultured meat in 2020.

Previously, California-based Eat Just had

paused cultivated meat production in Singapore

, while home-grown firm Shiok Meats was merged with Singapore-based Umami Bioworks, which specialises in marine cell cultivation.

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