Fundraising Fox

Minnowtech

Baltimore, US · Founded 2018 · Maryland LLC · 3 known investors

Minnowtech develops precision aquaculture technology using integrated sensor-based systems to help aquafarmers assess and maximize their cultivation efforts. Founded in 2018, the company applies image analysis and noninvasive assessment methods to aquatic organisms.

Founders & leadership

Minnowtech was founded in 2018 by Suzan Shahrestani, Kelli Booth, and Ken Malone.

SSSuzan Shahrestani
Suzan ShahrestaniinChief Science Officer and Co founder
KBKelli Booth
Kelli BoothinCo-Founder & CEO
KMKen Malone
Ken MaloneinCo-Founder
KM
Kenneth MaloneNamed on SEC filing
QVQuynh Vo
Quynh VoinChief Technology Officer

Investors · 3

Funding

SEC filings, press & company announcements

$1M disclosed across 1 of 2 rounds · 2021–2024

$1MraisedApr 2022 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kenneth MaloneDirector
  • Suzan ShahrestaniExecutive Officer, Director
Offering amount
$1M
Amount sold
$1M
First sale
Mar 2021
Incorporated
Limited Liability Company, Maryland, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Science FoundationPhase II2021$999.8K
National Science FoundationPhase I2019$225K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Minnowtech do?
Minnowtech develops precision aquaculture technology using integrated sensor-based systems to help aquafarmers assess and maximize their cultivation efforts. Founded in 2018, the company applies image analysis and noninvasive assessment methods to aquatic organisms.
Who founded Minnowtech?
Minnowtech was founded by Suzan Shahrestani, Kelli Booth, Ken Malone in 2018.
Who are Minnowtech's investors?
Minnowtech's investors include Maryland TEDCO, TCP Venture Capital, TEDCO.
How much funding has Minnowtech raised?
Minnowtech has disclosed $1M raised across 1 of its 2 known rounds.
Where is Minnowtech headquartered?
Minnowtech is headquartered in Baltimore, US.