Minnowtech

Minnowtech is a precision aquaculture company that aims to revolutionize shrimp farming by providing advanced data solutions. Founded in 2018 in the United States, the company's pioneering technology addresses the critical need for in-depth insights into shrimp health and biomass. With an emphasis on Pacific White-Leg (Litopenaeus vannamei) aquaculture, Minnowtech is dedicated to enhancing efficiency and profitability for shrimp farmers. The current challenges faced by shrimp farmers, including high risks and low profits, underscore the necessity for Minnowtech's innovative approach. Traditional industry technologies have proven inadequate in delivering the crucial data needed for informed decision-making, leaving farmers to rely on guesswork for stocking and feeding shrimp, and increasing the likelihood of overlooking early signs of diseases. Additionally, these challenges deter potential farmers and hinder industry growth. In pursuit of a solution, Minnowtech has developed a cutting-edge subsurface biomass reading technology that integrates underwater sonar sensors and species-specific algorithms. This unique approach enables the collection of actionable data, empowering aquafarmers to make informed choices. The company recently secured a Series A investment on 26th February 2024 from notable investors including TEDCO, Propel Baltimore Fund, Abell Foundation, and the University System of Maryland Momentum Fund, indicating strong support and confidence in the company's vision. As Minnowtech continues to make strides in the biotechnology industry, its innovative technology is poised to bring significant advancements to aquaculture, addressing the pressing needs of shrimp farming and contributing to the sustainability of the global food chain.