AquiNovo is developing proprietary materials to enhance the growth of farmed fish.
Aquaculture production is expanding rapidly as marine sources are depleted and fish consumption increases. To meet the growing demand for fish protein, the aquaculture industry needs sustainable solutions that increase fish yields while using existing resources and infrastructures.
The AquiNovo technology —
AquiNovo’s proprietary materials will be incorporated into feed and given to fish during a defined time period using standard feeding procedures. The technology provides non-GM, non-hormonal products for enhancing fish growth.
Founded: October 2015
Stage: Technology development
Investors: The Trendlines Group
IP: Applications filed worldwide
With feed comprising up to 50% of growers’ operating expenses, the goal of reaching maximum fish weight while reducing production costs remains a key challenge. AquiNovo’s technology addresses this challenge by enhancing growth, thus reducing time to marketing and increasing overall fish production efficiency.
AquiNovo’s first products will be developed for tilapia, a high-demand market with an expected 8.5 million tons farmed at year of launch; and salmon, a high-value market with an expected 6.4 million tons farmed at launch.
Comparison of lab trial results with AquiNovo material
See the company 1-page description in Chinese (PDF).
CEO Nissim Chen appears on Israel Daily TV (March 2016).
CEO Nissim Chen presents at the Trendlines Showcase (January 2016).
Nissim Chen, Ph.D., CEO
Bayer Trendlines Ag Innovation Fund
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