What is OceansAlaska?
OceansAlaska is a non-profit entity headquartered in Ketchikan, Alaska, dedicated to advancing the shellfishing industry and broadening mariculture initiatives within the region. The organization's core mission involves enhancing wild shellfish stocks and generating commercial quantities of seed for oysters, geoducks, sea cucumbers, and kelp. OceansAlaska targets small-scale growers along the U.S. and Canadian west coast, with the strategic objective of achieving self-sufficiency through its seed sales operations. Established by a collaborative group of educators, scientists, fishermen, and business leaders, OceansAlaska is committed to fostering economic development in Southeast Alaska.
How much funding has OceansAlaska raised?
OceansAlaska has raised a total of $17K across 1 funding round:
Debt
$17K
Debt (2021): $17K with participation from PPP
What's next for OceansAlaska?
With its recent capital infusion, OceansAlaska is poised for significant expansion in its mariculture and seed production efforts. The moderate growth capital will likely be directed towards scaling operations, enhancing research and development for improved shellfish cultivation, and expanding its client base among west coast growers. This strategic investment underscores the organization's potential to drive economic vitality in Southeast Alaska by establishing a robust and self-sustaining mariculture supply chain. Future growth may involve further strategic partnerships and diversification of its seed offerings.
See full OceansAlaska company page
