Imagine a fish robot that mimics the movements of real fish while monitoring the pH level of an aquaculture farm and warding off predators.
That’s the type of machine that Aquaai, a Delaware-registered C corporation, is commercializing. The company has developed five prototypes for its new bio-inspired vehicles and is in the process of pitching its idea to major investors and potential customers in preparation for a round of seed funding, or potentially a series A funding round, this fall.
“Everyone’s amazed that you can make a system that looks and swims like a real fish,” Liane Thompson, co-CEO of Aquaai, told Undercurrent News.
The business competition Fish 2.0, now in its third installment, is evolving into a nexus of communication that is helping fight fragmentation in the seafood industry, according to its founding director Monica Jain.
Held every two years after an inaugural 2013 edition, Fish 2.0 is an open call for entrepreneurs and business owners in the seafood industry to propose their projects and get feedback from investors and industry professionals, as well as possible financial backing.
The four-phase competition pares the proposals it receives down to a group of finalists that present at Stanford University to a room full of investors, consultants and other businesses owners.
Undercurrent News: Fish 2.0 2017 competition opens West Coast track with investment event in Seattle
Fish 2.0: Fish 2.0 2017 Competition Opens West Coast Track with Investment Event in Seattle
Fish 2.0, the global competition and network for sustainable seafood businesses, is kicking off its new West Coast track April 4 with a free daylong workshop and networking reception in Seattle, the event organizers said in a release.
The competition is "focused on engaging investors, sparking relationships among entrepreneurs, and building connections within the region’s seafood industry", the release said.
The workshop, open to seafood entrepreneurs from the West Coast and Alaska, provides coaching on how to communicate persuasively with investors and seafood buyers.
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April 4 workshop and reception for Alaska, California, Oregon and Washington seafood businesses focuses on building networks and sparking interest from investors and buyers
The intensive workshop, open to seafood entrepreneurs from the West Coast and Alaska, provides coaching on how to communicate persuasively with investors and seafood buyers. It also gives participants opportunities to meaningfully connect with other innovative seafood businesses that could be key partners. To attend, entrepreneurs must register online and be invited.