Investment in seafood and aquaculture technology increased 271% compared to the $52 million raised across both 2014 and 2015, but there is still a huge need for technology to bring efficiency and sustainability to the industry.
Catalina Sea Ranch, the first offshore shellfish ranch in US federal waters, has raised funding for its mussel farm off the coast of Southern California, and for research into growing environmentally-beneficial giant kelp.
Trace Register won the contest entitled “Rethink Supply Chains: The Tech Challenge to Fight Labor Trafficking” held by San Francisco-based Humanity United.
Amerra Capital Management, a New York-based agribusiness asset manager, has acquired more than 90 percent of the Andromeda Group, a Mediterranean aquaculture company.
Until about five years ago, traceability in the seafood industry was virtually non-existent. Now startups are emerging to tackle different parts of the supply chain.
Catalina Sea Ranch wants to help bridge a $10 billion seafood deficit in the US with the first offshore shellfish ranch in Federal US waters.
A group of researchers conducting project Fish SCALE at the U.S. Food and Drug Administration are using DNA sequencing to combat seafood fraud.