What is Smith-Root?
Founded in 1964, Smith-Root is a long-standing entity within the aquatic resource conservation community. The company specializes in providing fisheries sampling technologies and products to researchers, managers, and hatchery personnel. With its on-site manufacturing capabilities, Smith-Root produces a comprehensive range of electrofishing, fish guidance, and electrosedation equipment, crucial for fish restoration and recovery operations across various aquatic environments. Their commitment to innovation and quality has established them as a respected supplier in the field.
How much funding has Smith-Root raised?
Smith-Root has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Smith-Root
PPP
Public-Private Partnership
What's next for Smith-Root?
The recent strategic investment signifies a pivotal moment for Smith-Root, likely enabling accelerated product development, market expansion, and enhanced operational capabilities. Given the large-scale late-stage funding context, the company is poised to leverage this capital for significant growth initiatives. This could involve scaling manufacturing, investing in research and development for next-generation fisheries technologies, or broadening their distribution network to reach a wider array of conservation projects globally. The strategic backing suggests confidence from investors in Smith-Root's long-term vision and its critical role in aquatic resource management.
See full Smith-Root company page
