-67%

est. 2Y upside i

Series B

Rank

#3459

Sector

Food Technology

Est. Liquidity

~4Y

Data Quality

Data: Low

The candidate's equity is likely to be underwater given the stale $350M valuation, severe preference stack of $139M, and high capital intensity.

Last updated: July 19, 2026

Bull (15%)+51%

Cultivated salmon gains widespread acceptance and Wildtype maintains its first-mover advantage; exit multiple holds at 40x on $14.6M revenue, yielding $584M exit vs $350M entry, net of 20% dilution.

Base (45%)-77%

Multiple compresses to 10x as capital-intensive business faces competition and regulatory headwinds; exit valuation $146M after dilution, well below entry.

Bear (40%)-100%

Exit value falls below $139M total funding; common stock recovers nothing after 1x non-participating preferred liquidation preference.

Est. time to liquidity~4.0 years

Preference Stack Risk

severe

Funding Intensity

3970%

Total funding of $139M represents 39.7% of the assumed entry valuation, giving preferred shareholders a large liquidation preference over common.

Dilution Risk

high

High cash burn likely requires another round within 24 months, estimated to dilute common stock by 15-25%.

Secondary Liquidity

none

No secondary market transactions identified; all trading would be informal and highly illiquid.

Questions to Ask at the Interview

Strategic questions based on WildType's data — designed to show you've done your homework.

  • 1

    “How does Wildtype plan to achieve cost parity with traditional salmon production, and what is the current cost per pound?”

  • 2

    “What is the status of your state-level regulatory battles, and how would a nationwide ban on cultivated meat affect your business model?”

  • 3

    “Given the capital intensity, what is the expected dilution scenario for common shareholders in the next fundraising round?”

Community

Valuation Sentiment

Our model estimates -67% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.