MassChallenge
MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, established in 2009. It supports early-stage entrepreneurs across various industries, including technology, healthcare, and social impact, by providing mentorship, resources, and networking opportunities. With locations in Israel, Mexico, Switzerland, Texas, and the UK, MassChallenge connects high-potential startups with industry experts and investors to foster innovation and facilitate growth. The accelerator operates on a non-equity model, allowing entrepreneurs to maintain full ownership of their companies while benefiting from strategic partnerships and tailored training programs. Through its diverse initiatives, such as targeted accelerator programs like MassChallenge HealthTech and FinTech, the organization aims to drive impactful change and enhance the global innovation ecosystem.
NatureDots
Non Equity Assistance in 2024
NatureDots is a Hard-Tech startup that develops and operates resource-intelligent, nature-based systems. These systems provide remote, real-time monitoring of aqua farms, using IoT, data analytics, and geospatial analysis to create healthy water ecosystems and generate revenue. By doing so, NatureDots helps aqua farmers mitigate ecological risks and uncertainties, benefiting approximately 15 million fish farmers in India. The company's long-term vision includes mapping 2.5 million hectares of freshwater bodies to create a digital twin of freshwater ecosystems, contributing to a climate-resilient new nature economy.
Pezzy Pets
Non Equity Assistance in 2021
Pezzy Pets specializes in creating healthy pet treats that are high in protein and low in calories, focusing on sustainability by using wild Mexican devil fish, an invasive species. The company aims to provide pet owners with delicious snack options that promote better nutrition for their pets while addressing environmental concerns associated with invasive fish populations. Through its innovative approach, Pezzy Pets offers a unique product that combines health benefits with flavorful variety, catering to the needs of both pets and their owners.
Algdeha
Non Equity Assistance in 2021
Algdeha specializes in sustainable biotechnology solutions aimed at industries reliant on fish-based products. The company focuses on developing innovative methods for large-scale algae production, utilizing natural resources such as wave energy, sunlight, and ambient heat to minimize costs. By providing an alternative to traditional animal feed derived from fish, Algdeha's approach supports sustainability and reduces the environmental impact associated with fish dependency in animal agriculture.
Sedna Technologies
Non Equity Assistance in 2021
Sedna Technologies specializes in enhancing the seafood supply chain by providing a comprehensive traceability platform. This platform improves efficiency, transparency, and sustainability by offering services such as real-time condition monitoring, water quality assessment, and cold chain logistics. Additionally, it facilitates automated traceability and manages essential purchases like bait and fuel. By integrating an IoT platform, Sedna Technologies enables the development of predictive analytical models, which assist in inventory management, sales tracking, and back-office operations. The company's suite of products and services aims to support suppliers and distributors in promoting sustainable practices while ensuring compliance with industry regulations.
NjordFrey
Non Equity Assistance in 2021
NjordFrey provides aquaponic starter kits, seasonal input product lines (seeds and fingerlings), and operational training to developing farmers, allowing them to become independent. It also provides stakeholder mapping and tailored routes to market for farmers we work with. Therefore, both the technology and commercial model is innovative and new to farmers.
Profish
Non Equity Assistance in 2021
Profish is a provider of a digital fish market. They sell and deliver fish. They are driven by a desire to make the fisheries sector a thriving, contemporary, and technologically enabled sector that offers IT solutions to the sector's problems.
SeaWise Israel
Non Equity Assistance in 2021
SeaWise Israel is the smart way to count your fish. AI-based fish biomass estimation for the aquaculture industry. SeaWise offers a cheap, easy-to-use, accurate, and continuous real-time biomass estimation system that will report and alert in real-time.
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.
Ashored Innovations
Grant in 2019
Ashored focuses on developing technologies that promote sustainability in ocean harvest industries. The company is introducing an innovative underwater buoy release system designed for trap fishing, which allows fishers to deploy ropes and buoys on the ocean floor until they are needed. This system significantly reduces the risks of entanglement with marine life and minimizes the loss or damage of fishing gear. By utilizing machine learning, sonar, and geo-tracking, Ashored's solution enables the collection of vital data and the efficient location of lost traps. This approach not only helps prevent gear conflict and reduces ocean waste but also allows for sustainable fishing practices in protected or restricted areas, contributing to the preservation of at-risk marine habitats.
BlueTrace
Non Equity Assistance in 2018
BlueTrace provides a traceability solution tailored for the seafood industry, specifically focusing on shellfish growers, wholesalers, distributors, and dealers. The company's technology enables organizations of all sizes to enhance their operational efficiency, comply with industry regulations, and manage inventory effectively. By offering a unique tagging and compliance system, BlueTrace helps shellfish farmers meet increasing customer demands while also reducing animal mortality rates and minimizing labor costs. This comprehensive approach supports the optimization of various activities within the seafood supply chain, ensuring that stakeholders can navigate the complexities of the industry with greater ease.
Selina Wamucii
Non Equity Assistance in 2018
Selina Wamucii facilitates the buying and importing of food and agricultural products from Africa, connecting businesses globally with local producers. The company collaborates with cooperatives, farmers' groups, and agro-processors to create a trustworthy platform for transactions between buyers and family farmers, including smallholders and fishing communities. By streamlining agricultural value chains, Selina Wamucii reduces inefficiencies, thereby minimizing food wastage and enhancing farmers' incomes. The platform offers a wide variety of products, including fruits, vegetables, dairy, fish, meat, oils, grains, and spices, making it easier for buyers to source quality produce directly from farmers. This approach not only supports local economies but also ensures that fresh produce reaches the market efficiently, even for farmers with limited access to technology.
BackTracker provides a solution to the pervasive issue of mislabeled or substituted seafood by linking government fishery landing records with seafood products. This third-party application enables buyers to verify the source of their seafood, enhancing transparency in the supply chain. The company's database compares confidential data from various supply chain participants with official government harvest data, allowing seafood dealers, processors, and retailers to authenticate labeling claims effectively. Currently, BackTracker is operationalizing its technology on a large scale in collaboration with the State of Massachusetts, major seafood dealers, processors, distributors, and retailers, including Wegmans supermarket. This initiative aims to bolster supply chain integrity and ensure consumer confidence in seafood products.
Zombait is a pioneering manufacturer of robotic fishing lures designed to revitalize dead bait, making it appear alive to attract fish effectively. By utilizing an innovative mechanism, Zombait enhances the fishing experience by simulating the movement of an injured fish. The product is user-friendly; fishermen simply insert the lure into the mouth of the dead bait and attach it to the hook. Zombait's lures are retrievable, reusable, and feature a long battery life, making them efficient tools for anglers. With a corrosion-resistant outer case, these lures are built to endure harsh aquatic environments and can operate at depths of up to two hundred feet, allowing fishermen to save time and resources while improving their catch rates.
KnipBio, Inc. is a biotechnology company based in Lowell, Massachusetts, established in 2013. It focuses on developing sustainable and responsible feed solutions for the aquaculture industry, primarily through its innovative product, KnipBio Meal (KBM). This product serves as a protein-rich replacement for traditional fishmeal, combining the benefits of high-quality protein and carotenoids in a single, effective formulation. KnipBio employs naturally occurring microbe strains that convert abundant and low-cost feedstocks, such as ethanol and methanol, into nutritious single-cell protein. By addressing the challenges of animal nutrition, KnipBio aims to provide livestock owners with affordable and efficient feed alternatives, contributing to the evolution of sustainable aquaculture practices.
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