Minnowtech

company

About

Minnowtech develops aquaculture technologies to maximize aquafarmers’ cultivation efforts using integrated sensor-based systems.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$0.99M
Industries
AgTech,Aquaculture,Biotechnology
Founded date
Jan 1, 2018
Number Of Employee
1 - 10
Operating Status
Active

Minnowtech is an aquaculture technology company, based in Baltimore, MD, that provides a software imaging platform to enable shrimp farmers to estimate shrimp abundance non-invasively with precision. Using Minnowtech’s data-based imaging tool, shrimp farmers optimize the health and growth of their hatcheries, enhancing the harvest of market-size shrimp while minimizing risks to juvenile shrimp.

With the continued growth of aquaculture worldwide, Minnowtech addresses head-on the industry’s most acute challenge, which is overcoming limitations in how shrimp farmers assess the abundance, growth, and optimal harvest times of their crop. Minnowtech, via its low-cost technology and expert team of marine scientists, helps improve aquaculture farmers’ livelihoods while improving global food security and sustainability of marine environments.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$1.22M
Minnowtech has raised a total of $1.22M in funding over 2 rounds. Their latest funding was raised on Jul 26, 2021 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 26, 2021 Grant $0.99M 1 National Science Foundation Detail
Jun 21, 2019 Grant $225K 1 National Science Foundation Detail
Jan 1, 2018 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
2
Minnowtech is funded by 2 investors. National Science Foundation and HATCH Aquaculture Accelerator are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
HATCH Aquaculture Accelerator Seed