Technology for Profitable & Sustainable Ocean Harvests
Ashored develops sustainability-enabling technologies for ocean harvest industries. Currently, Ashored is bringing to market an underwater buoy release system and platform for tracking fishing gear and capturing important data, all while minimizing changes to onboard processes. Used in trap fishing, these “ropeless fishing systems” allow fishers to station ropes and buoys on the ocean floor until recalled. This practice prevents gear conflict with marine life and surface vessels, minimizes expensive gear loss/damage for fishers, prevents new ocean waste, reduces ghost fishing, and permits sustainable access for fishing in protected/restricted fishing areas.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Nov 30, 2017 | Grant | $377.20K | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Innovacorp | — | Grant |