BioFishency

Cobi Levanon, BioFishency

Cobi Levanon, CEO of BioFishency

The Need

Around the world, the demand for fish is increasing, while the supply from the sea and natural fisheries has stagnated. Aquaculture, the farming of aquatic organisms for profit, is becoming an increasingly important source of animal protein. Yet, with the limited availability of land and water, the only way for aquaculture to meet the growing demand is intensification: producing more fish per unit of area and water.

Technologies that improve water quality are required for intensification. Current water treatment systems support high fish densities; but are complex and very expensive, making them accessible to only the small segment of high-end growers. Most aquaculture production still takes place in developing countries in extensive growing systems (e.g., ponds and reservoirs) with no technology. Even doubling the production capacity of these systems would significantly increase farmer incomes and contribute to food security. The challenge is to develop cost-effective technology for this under-served market.

The Product & Advantages

The BioFishency aquaculture system at the Company's pilot farm.

The BioFishency aquaculture system in operation at the Company’s pilot farm

BioFishency’s cost-effective, all-in-one water treatment system for land-based aquaculture costs a fraction of the cost of high-end water treatment systems and requires minimal infrastructure and expertise. It operates with all different aquaculture methods and enables fish growers to upgrade their existing facilities while using installed infrastructure and working methods.
The BioFishency system enhances water conditions, enabling more feed for increasing fish production with minimal investment.

  • 95% reduction in water use (intensive tanks)
  • 2-5 fold increase in yields (extensive ponds)
  • 2x nitrification (ammonia removal) for improved water quality
  • Relatively low energy consumption
  • Easy to install (plug-and-play installation); no special infrastructure required
  • Small footprint, low maintenance

The proprietary substrate used in the system can be sold as a stand-alone product for a range of water treatment applications.

The Team

  • Cobi Levanon, CEO: 18 years in aquaculture in Israel and abroad; consultant and project manager for fish farms and industrialization of aquaculture in Israel, Azerbaijan, Turkey, Nigeria, and Ivory Coast, independently and through Israel’s Ministry of Agriculture
  • Igal Magen, CTO: More than 13 years of experience in aquaculture in Israel and abroad; consultant and project manager for projects in Africa; former head, Aquaculture Division, Israel’s Ministry of Agriculture

The Market

Aquaculture is the fastest-growing sector in animal protein production: 66.5 million tons worldwide with a market value of $135 billion in 2012 (Transparency Market Research). The FAO estimates that production must increase to 50 million tons by 2030 to meet global demand. BioFishency will initially target the freshwater and brackish fish production segments, which together account for around 67% of the world’s aquaculture fish production by volume and 67% by value (Transparency Market Research).

Logo-BioFishency

All-in-one water treatment system for aquaculture

At a Glance

AgriVest 2015 Best Company Award 2nd Place 

Stage: Revenue
Founded: March 2013
Investor: The Trendlines Group
IP: Applications in process

Achievements

Completed successful beta site in Israel; in discussions with large players for joint projects

Status

Initial sales: Israel, Philippines
Distribution agreement: Bangladesh, India
Cooperation for community aquaculture farm projects: Africa

In the Media

Contact

Cobi Levanon, CEO
+972.54.454.6307
cobi@biofishency.com
www.biofishency.com
Facebook: BioFishency