EP #421 - Sean Wassermann & Constantin Marakhov: How to Farm Fish Sustainably

Swisspreneur Show

Timestamps:

3:01 - Liquid vs solid fermentation

8:08 - A decade in the cannabis industry

17:04 - Who Kidemis’ clients are

19:48 - The challenge of technological development

21:03 - Fundraising through the Swisspreneur Syndicate

About Sean Wassermann & Constantin Marakhov:

Sean Wassermann is the CTO at Kidemis, a Swiss feedtech company that applies mycelium-based fermentation to upcycle low-value side streams into high value protein for various industries. He holds a bachelor’s degree in Fine Arts from the California Institute of the Arts and was previously CTO at companies like Cibdol and Aquanta before starting Kidemis in 2022.

Constantin Marakhov is the CEO at Kidemis. He holds an MBA from the University of Oregon and a PhD in Finance from the Taras Shevchenko National University of Kyiv and previously worked as a business school professor and as head of business development at the WEF before starting Kidemis in 2022. He is also the CEO and founder of Hempfy, a Swiss cannabis startup.

Kidemis' solution is to use mycoprotein as a partial or complete replacement for fishmeal in aquafeed. Mycoprotein is a sustainable alternative to fishmeal and fish oil because it is produced from renewable resources. The fungi that are used to produce mycoprotein can be grown on a variety of substrates, including agricultural sidestreams. This means that mycoprotein will be produced without putting a strain on global fish stocks or the environment. In addition, mycelium’s immune-stimulating properties could decrease the usage of antibiotics.

Kidemis is currently raising a CHF 1.5M seed round, 30% of which have already been committed. Part of these funds are being raised through the Swisspreneur Syndicate — click here to find out more.

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