US Shrimp Technology Developer Minnowtech Closes Series A Round
Minnowtech, a leading aquaculture technology company based in Baltimore, Maryland, has successfully closed a series A funding round. The round was led by the Propel Baltimore Fund and saw participation from notable entities such as the University System of Maryland (USM) Momentum Fund, Abell Foundation, and TEDCO Seed Funds.
The company specializes in supplying advanced sonar systems to shrimp farmers worldwide. These innovative systems have been credited with enabling farmers to achieve maximum growth rates, reduce feed costs, detect disease-related mortalities early on, identify theft incidents, and optimize overall farm operations.
This significant investment marks a pivotal moment for Minnowtech as it continues to revolutionize the aquaculture industry with cutting-edge technology and solutions.
“Our mission is to empower shrimp farmers with the tools they need to enhance productivity, sustainability, and profitability,” said a spokesperson from Minnowtech.
To read more about this exciting development and its implications for the aquaculture sector, sign up for a trial to access our full articles for 7 days!
Aquaculture Innovation Driving Industry Growth
The aquaculture sector is experiencing a wave of innovation that is reshaping traditional practices and driving unprecedented growth. Technologies like Minnowtech’s sonar systems are at the forefront of this transformation, offering farmers new ways to optimize their operations and ensure sustainable practices.
Stay tuned for more updates on the latest advancements in aquaculture technology and how they are shaping the future of seafood production.
