venture capital for aquaculture
Aquacopia Venture Partners
venture capital for aquaculture
New York, New York, USA
Aquacopia uniquely invested in aquaculture innovation: from feed technology, to fish farms, to equipment, distribution, and marketing companies. Since its first in 2005, it made Series A and follow-on investments in portfolio companies, now numbering six – creating a wave of important aquaculture value chain companies. Among them are Open Blue, InnovaSea, and iCell/Nutrinsic.
While Aquacopia's first aquaculture venture capital fund is fully invested and terminating as of December 2016, the fund partners continue to look for certain, exceedingly rare, cooperative opportunities: either in businesses that bolt on to an existing portfolio company or for individual action by co-founder David Tze.
The fund is not making new investments in standalone companies.
High quality, sustainable protein for feed
Denver, Colorado, USA – nutrinsic.com
Nutrinsic Corporation produces sustainable, high-grade proteins that can serve as a fish meal replacement in animal feeds, primarily those destined for the aquaculture industry. The firm has developed the only known (patented) process for generating such high-quality single cell proteins from aqueous waste / byproducts that originate from food, beverage, and biofuel producers. One joint venture: iCell Sustainable Nutrition, China.
Cobia farm, caring for ocean and human health
Panama – openblue.com
Open Blue believes that the best way to raise fish is in the deep sea. With one acquisition, it created the largest open ocean mariculture system in the world, minimizing impact to the ecosystem. Its cobia fish are raised in a stress-free, low-density, high-energy environment, resulting in a healthier fish that is versatile, firm, buttery, naturally high in protein, and rich in Omega-3's.
Equipment innovation for raising seafood in exposed, open ocean conditions
Maine and Washington, USA – innovasea.com
The fund’s portfolio company, Ocean Farm Technologies, merged with OceanSpar to form InnovaSea Systems, Inc. The firm is committed to developing the next generation of innovative, integrated open ocean farming systems. Among InnovaSea's containment systems are the Aquapod™ and SeaStation™. The company is also commercializing technologies for feeding, cultivating, transfer, and harvest.
Earth Ocean Farms
Environmentally-responsible marine farm
Sea of Cortez, near La Paz, in Baja California, Mexico – earthoceanfarms.com
Earth Ocean Farms is a vertically integrated marine fish farming company, operating a hatchery and on-growing farm. It deploys advanced technology and innovative solutions in offshore aquaculture, on its 84 hectare ocean site, cultivating several species of temperate-water marine fish.
Domesticating novel marine fish, including the bluefin "sushi tuna"
El Puerto de Santa Maria, Spain – futunablue.com
Domesticating novel marine aquaculture species, including the bluefin "sushi tuna". Futuna Blue has developed a purpose-built, land-based facility that produces juveniles (bluefin tuna and seriola), as well as market-size sole. The team has developed and patented key technologies and processes, including uniquely successful copepod production.
Matching seafood buyers to local fishermen and suppliers
Litchfield, Connecticut, USA – communitycatch.com
Community Catch is a unique online marketplace collaboration between Litchfield Farms Organic & Natural, LLC and variety of local and sustainable fishermen and aquaculturists. Essentially, it is combining strength and experience in sourcing sustainable and local seafood with processing and logistics resources to deliver the freshest, most traceable, sustainable seafood.
WHO WE ARE
David's current enterprise is the Tze Venture Search Fund
for Aquaculture Technology.
David was the sole active co-founder of Aquacopia, the first and only true aquaculture venture capital fund. It uniquely invested in seafood value chain innovation: from feed technology, to fish farms, to equipment, distribution, and marketing companies. He was pivotal in creating a wave of important aquaculture value chain companies that has put to work over $200 million in capital, from multiple sources. His unique sector focus within investing has made him a primary resource for education and deal flow among investors exploring aquaculture.
At Aquacopia, he managed fund operations, generated deal flow, evaluated investments, led Series A terms, crafted and evolved portfolio companies' business plans, assisted with their business development, solicited co-investment, and presented at conferences. He represented shareholder stakes on boards of directors and otherwise, shepherding ongoing growth.
After coming of age in southwestern Virginia, David earned an economics A.B. at Princeton. He has advanced several established industries by applying new technology and innovative business models, originally with several start-ups, at the dawn of the commercial internet. He was the founding CTO of Texas’s venture-backed, online equipment marketplace for the oil and gas industry, Network(Oil) International. It was acquired by the publicly-traded marketplaces group, Liquidity Services.
If, after reading about us, you have something substantive to discuss regarding one of our existing portfolio companies, please use the form below. For other inquiries to David Tze, please visit the Tze Venture Search Fund for Aquaculture Technology.