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royal caridea

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Last Update: 334d ago

Reviews: 0

Following: 0

Transform the shrimp production industry while addressing unmet market needs

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Description

Royal Caridea (RC) is a high-tech shrimp farming company focused on bringing its transformative GEN 2 Shrimp Farming Technology to commercialization. Based out of Gila Bend, Arizona, the sponsor has market-tested high-quality shrimp in conventional ponds and greenhouses, producing 12,500 lbs. of shrimp in 2021. Royal Caridea is currently raising $1.065 million (Series B Preferred) of equity capital in order to finance the build of its first patented GEN-2, 8-stacked raceway, production system. The images below show both the single "Gen-2 Raceway" along with the "Gen-2 Production Unit" (8 Gen-2 Raceways stacked on top of each other).
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Already raised $935,000 from Series A Preferred Offering
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Patented in USA and Australia; Pending in EU. GEN-2 is ready for commercialization.
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GEN 2 Shrimp Farming is a Super Intensive Raceway Shrimp Farming Technology (SIRSFT)
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Provide high-quality live shrimp 365 days a year anywhere in the world
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Shrimp are grown disease free, with consistent harvest volumes, and highly-reduced crop losses
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Raised funds through Harvest Returns, a dedicated Agricultural-focused crowdfunding platform
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Revenues are projected to increase rapidly as production scales up (not guaranteed)
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Current predictions are that global shrimp production will approach 11 billion lbs. in 2022

valuation cap: $8,809,820

raised: $82,390

Min. Goal: $75,000

Max. Goal: $1,065,000

Avg. Investment: $1287.34

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royal caridea

Transform the shrimp production industry while addressing unmet market needs

Raised: $82,390

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valuation cap: $8,809,820

raised: $82,390

Min. Goal: $75,000

Max. Goal: $1,065,000

Avg. Investment: $1287.34

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