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Minnowtech
Baltimore, US · Founded 2018 · Maryland LLC · 5 known investors
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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.
Investors · 5
How we know: Maryland TEDCO's portfolio page · Not right? Tell us
How we know: TCP Venture Capital's portfolio page · Not right? Tell us
Funding
SEC filings, press & company announcements$1M disclosed across 1 of 4 rounds · 2019–2024
▶$1MraisedApr 2022 · 12 investors · Other TechnologyRule 506(b)
- 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
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| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Science Foundation | Phase II | 2021 | $999.8K |
| National Science Foundation | Phase I | 2019 | $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, University System of Maryland Momentum Fund, Blue Revolution Investments G.P..
- How much funding has Minnowtech raised?
- Minnowtech has disclosed $1M raised across 1 of its 4 known rounds.
- Where is Minnowtech headquartered?
- Minnowtech is headquartered in Baltimore, US.