• Rich Menu of Seafood Investments Among Fish 2.0 Contest Winners

    • Maura Dilley
    • November 11, 2015

    From a Kampachi tuna farm in Baja California, Mexico, to a seafood distributor in Vanuatu in the south Pacific, to a Chilean company that recycles fishing gear into trendy lifestyle products, to indoor vegetables farms growing on fish waste in London, the winners of the Fish2.0 business competition showcased global innovation in sustainable seafood.

  • Aquaculture finalists dominate seafood funding competition

    • Erich Luening
    • November 10, 2015

    Sustainable seafood business competition Fish 2.0 has selected 37 companies to pitch to investors at its Stanford University final in November, with aquaculture-focused businesses representing over a third of the group.

  • Pacific Island Seafood Startups Showcase Sustainability at the Source

    Impact Alpha
    • Maura Dilley
    • November 5, 2015

    Growing retail demand for sustainable seafood from North America and Europe is creating economic opportunities for environment-friendly businesses closer to the fish and the men and women who catch and process them.

    In the South Pacific and Southeast Asia, among the world’s richest fishing grounds, a new school of seafood companies is working to keep more of those riches in local communities. Investors will get a look at a half-dozen companies from the regions at next week’s finals of the Fish 2.0 business competition.

  • Progetti significativi a tutela della tracciabilità. Fish 2.0, a giorni l’evento finale

    Pesceinrete
    • November 3, 2015

    L' industria ittica ha una delle più complesse catene di fornitura, spesso coinvolge dalle cinque alle sette aziende dalla cattura al piatto, ciascuna tenuta a produrre una documentazione dettagliata. Una nuova ondata di imprenditori lascia intravedere una opportunità per rendere l'industria ittica più trasparente per consumatori, aziende e governi che lottano per la sostenibilità.

    Il mercato del gambero racchiude molti di questi problemi. Il gambero è una delle specie maggiormente consumata, rappresentando un mercato di 5 miliardi di $ negli Stati Uniti e 2 miliardi di euro nell'Unione Europea. Più della metà della produzione mondiale proviene dall'acquacoltura, settore che è cresciuto rapidamente negli ultimi anni, soprattutto in Asia. Questa crescita rapida e la mancanza di controlli ha portato la distruzione degli habitat, epidemie, e nel caso dei produttori tailandesi di mangimi, le violazioni dei diritti dei lavoratori.

    [Click here for the full article]

  • Entrepreneurs Seize Opportunity in Seafood Traceability

    Triple Pundit
    • Monica Jain
    • November 2, 2015

    The seafood industry has one of the most complicated supply chains in the world [Tweet This] , often with five to seven companies involved from catch to plate, each keeping records on paper in far-flung locations. In these murky waters a new wave of entrepreneurs sees opportunities to make the seafood industry more transparent to consumers, businesses and governments striving for sustainability.

    The seafood industry defines traceability as the ability to track the source of seafood, the conditions under which it is farmed or caught, and the intermediaries it passes through. Improving traceability is critical to promoting sustainability in both aquaculture and wild-caught fish: The current, largely opaque supply chain hides numerous negative impacts, including overfishing, fraud, human rights abuses in the labor force, pollution and resource depletion. (See TriplePundit’s recent Q&A on seafood traceability for details on systemic issues.)

    [Click here for the full article]

  • What to feed the fish? Demand for Feed Attracts Innovators and Investors

    • Jenny Griffin
    • October 21, 2015

    What to feed the fish? Rising demand from the fast-growing aquaculture industry has put pressure on traditional sources of fish meal and driven prices to record highs.

  • Sustainable Seafood Businesses Tackle Food Deserts with an Ancient Farming Technique

    • Monica Jain
    • October 14, 2015

    One of the most interesting trends to emerge from the Fish 2.0 business competition is the increasing use of aquaponics, which combines fish farming (aquaculture) with growing plants in water (hydroponics). This is nothing new—people have been practicing aquaponics for centuries, in the Aztecs’ floating crop islands, the rice paddies of Asia and elsewhere. What’s different now is that entrepreneurs are developing technologies and business models for commercial-scale aquaponics farms serving communities with limited access to locally grown fish and vegetables.

  • Entrepreneurs Worldwide Are Taking on Seafood Sustainability

    • Monica Jain
    • September 29, 2015

    At SOCAP13, with support from the David and Lucile Packard Foundation, we focused almost 20% of our programming on investing in oceans, to raise awareness among the SOCAP community of the many ways that investors and entrepreneurs can improve ocean health through market-based solutions. Monica Jain is a leader within sustainable seafood who has continued building the marketplace for sustainable ocean solitons, at SOCAP and through the Fish 2.0 business competition.

  • Aquaculture Startups Dominate Finals of Sustainable Seafood Business Competition

    • Louisa Burwood-Taylor
    • September 21, 2015

    Sustainable seafood business competition Fish 2.0 has selected 37 companies to pitch to investors at its Stanford University final in November, with aquaculture-focused businesses representing over a third of the group.

  • Pacific Seafood Companies Reach Finals in the US

    EMTV Online
    • Samantha Semoso
    • September 14, 2015

    Three Fijiian seafood entrepreneurs will feature in the finals of the Fish 2.0 competition in Stanford, California this November.

    Fish 2.0 is a business competition seeking to transform unsustainable seafood sector practices into sustainable businesses.

    It connects global seafood businesses with potential investors giving them an opportunity to win over US$180,000 in prizes, gain international visibility, find strategic partners and ultimately garner new investments for their businesses.

    [Click here for the full article]

  • Casting a Tight Net

    Stanford Social Innovation Review
    • Sarah Murray
    • Fall 2015

    The exploitation of workers in the Thai seafood industry is one of the worst examples of human rights abuse in the world today. Humanity United is pursuing a strategy that combines carrots and sticks—collaboration and activism—to confront that problem.

    In June 2014, The Guardian newspaper published a series of reports1 that detailed the practice of human trafficking in the Thai fishing industry. Migrant workers had paid brokers to help them find work in Thai factories or on Thai construction sites. Instead, the brokers or their associates had sold the workers to fishing boat captains—at a price of less than $400, in some cases. One trafficking victim said that he had witnessed the killing of roughly 20 of his fellow workers. He had even seen members of a fishing boat crew tie one worker by his limbs to the bows of four vessels, so that the ocean waves would tear the worker’s body apart. Such abuses, according to the Guardian investigation, lay at the heart of the industry that puts shrimp on the tables of consumers all around the world. Much of the global seafood industry, in short, is built on a modern form of human slavery.

    [Click here for the full article]

  • Sustainable aquaculture surfaces as a target for food investors

    • Monica Jain
    • September 9, 2015

    The farming of aquatic organisms such as fish, crustaceans and plants is the fastest-growing agriculture sector in the world, valued at over $144 billion, according to the World Wildlife Fund.

  • Island Businesses Succeed with Strong Strategies and Partnerships

    National Geographic
    • Monica Jain
    • August 19, 2015

    Are the rules for successful island entrepreneurs different from the rules for entrepreneurs globally?

  • Fish 2.0: Bridging the Gap Between Investors and Aquaculture

    • Louisa Burwood-Taylor
    • August 4, 2015

    “Never before have people consumed so much fish, or depended so greatly on the sector for their well-being,” reads the Food and Agriculture Organization’s most recent report on The State of World Fisheries and Aquaculture.

  • Fish Tracking App Connects Consumers To Their Catch

    "Hawaii
    • Molly Solomon

    (Molly Solomon of HPR Hawaii interviewed Monica Jain and Local l'a in Hawaii about seafood traceability. Local l'a was a Fish 2.0 semi-finalist in the 2013 competition)

    If you’ve ever been curious about where and how the fish on your dinner plate was caught, now there’s an app for that. HPR’s Molly Solomon reports on new technology that’s tracing the fish on your plate back to the sea.

    After eyeing the akule appetizer at a Kaimukī restaurant, Jason Chow whips out his smartphone and scans a code on the menu to find out more about the reef fish. “You just scan this QR code,” said Chow. “And you discover who caught it, when it was caught, where it was caught and how.”

    Click here to listen: 

  • Investors Target Growing Demand for Healthy, Sustainable, Tasty Fish

    • David Bank
    • June 18, 2015

    ImpactAlpha.com-The hook is baited, and private-equity and venture-capital fund managers are reeling in capital to finance next-generation fish-farming enterprises across the country and around the world.

  • Fish 2.0 Puts Sustainable Businesses in Spotlight

    • Erich Luening
    • May/June 2015

    In an effort to combine her early education in marine biology and her later work with a business degree and several years in venture capital and financial banking, Monica Jain has come up with a competition that connects sustainable aquaculture companies with potential investors and other funding sources.

  • Your share of the ocean: blue business opportunities

    • Kristin Rechberger
    • June 11, 2015

    Do you value the ocean? Many would say they love it, relating memories of a deserved vacation, carefree summer times, or the taste of their favorite fish. But exactly how much do you value it?

  • Tracing the Fish on Your Plate Back to the Sea

    "Bloomberg
    • Catherine Elton
    • May 21, 2015

    A San Francisco startup’s tracking system for seafood is helping Chilean fishermen earn more

    For decades, José Barrios has made a living pulling flounder and abalone out of the frigid waters off Chile’s central coast using nothing more than nets, an iron hook, and his strong back. Today, the 56-year-old fisherman also taps into satellite networks and the cloud to earn the best possible price for his catch.

    Barrios is one of about 250 Chilean fishermen who have signed on with Shellcatch, a San Francisco startup seeking to profit from the growing demand for sustainable seafood. The company hopes its technology will combat the overfishing and fraud that threaten the international seafood trade. The Pew Charitable Trusts estimates that one out of five fish taken from the ocean is caught illegally, depleting stocks of certain species to levels that imperil their survival. Whether it’s to avoid fines for fishing without permits or going over their quota or simply to boost profits, fishermen often try to pass off one type of fish as another. Oceana, a U.S. nonprofit, ran DNA tests on 1,200 fish samples and found that one-third had been mislabeled, according to a 2013 report. “We think technology in the seafood space can disrupt the way business is being done, which currently involves large amounts of species fraud and illegality,” says Shellcatch founder Alfredo Sfeir. “Technology allows you to know the people behind your fish. That’s how it used to be.”

    [Click here for the full article]

  • Silicon Valley’s Clean Tech Investors Eyeing Sustainable Food, Experts Say

    • Jeanine Stewart
    • May 18, 2015

    MONTEREY, California -- Food is becoming the epicenter of the growing responsible investment movement in the San Francisco Bay area's Silicon Valley, panelists said during the impact investing discussion at Monterey Bay Aquarium’s Sustainable Food Institute last week.