What is KnipBio?
KnipBio is at the forefront of aquaculture nutrition, developing and offering JUV, a breakthrough all-natural fermented ingredient designed to enhance the performance of fish feed. This innovative product demonstrably improves juvenile survival rates and bolsters health and stress resilience in fish, directly contributing to increased farm profitability. The company's commitment to holistic nutrition aims to empower commercial fish production globally by ensuring fish can achieve their full potential from their earliest life stages. KnipBio's efficacy has been validated through numerous trials across various fish species.
How much funding has KnipBio raised?
KnipBio has raised a total of $6.3M across 5 funding rounds:
Series A
$1.6M
Private Equity
$2.5M
Series B
$2M
Debt
$150K
Debt
$77K
Series A (2015): $1.6M with participation from Walnut Venture and Cherrystone Angel Group
Private Equity (2016): $2.5M, investors not publicly disclosed
Series B (2017): $2M supported by CherryStone Angel Group and LaunchPad Venture Group
Debt (2020): $150K featuring PPP
Debt (2021): $77K backed by PPP
Key Investors in KnipBio
PPP
Public-Private Partnership
PPP
Public-Private Partnership
LaunchPad Venture Group
LaunchPad Venture Group is a network of angel investors focused on providing financial and human capital investments in early-stage science and tech-driven startups based in New England. The organization seeks to build long-term relationships with innovative entrepreneurs and offers mentorship alongside its capital investments.
What's next for KnipBio?
With the recent influx of substantial expansion capital, KnipBio is strategically positioned to scale its operations and further penetrate the global aquaculture market. The company's focus on enhancing fish health and survival rates through its JUV ingredient aligns with the growing demand for sustainable and efficient aquaculture practices. Future endeavors will likely involve expanding production capacity, broadening market reach, and potentially exploring new applications or formulations of their fermented ingredient to address evolving industry needs and maintain their competitive edge in the feed enhancement sector.
See full KnipBio company page
