Artificial Intelligence: Shrimps On Tap From The Shrimpbox – An AI-Powered, Temperature Controlled Cargo Container

The Shrimpbox has been created by Atarraya, a privately held corporation backed by Jeffrey Horing, Mark K. Gormley and other angel investors.

The Shrimpbox is described as an intelligent, automated shrimp farm that is disconnected from the oceans, and located close to the consumer. It enables the production of shrimp without the ill effects of traditional shrimp farming – which pollutes oceans, destroys habitats and contributes to overfishing.

Atarraya has raised a $3.9M Series A round led by Jeffrey Horing and other angel investors, including Mark K. Gormley, Geoffry Kalish, Robert Stavis, and Robert Goodman. With this round, the company has raised a total of $10 million. (CISION PR NEWSWIRE)

How it works

Biotechnology that allows for production of shrimp:

  • Without water exchange
  • Without antibiotics
  • Without abusive labor practices
  • Mimicking an ideal breeding environment

Proprietary software enables:

  • remote management of production units possible
  • without the need for specialized personnel in the field
  • all relevant workflows are mapped to deal with data complexity
  • enables consistency and makes it easy to train and perform farming tasks and operations

Engineering and automation for:

  • temperature regulation and oxygenation
  • feeding the shrimp
  • remote monitoring of water quality
  • consistency of cultivation and economic viability in countries with high labor costs

The technology is described as ‘plug-and-play’ and the aquaculture equivalent to agriculture’s vertical farming; it is ready to roll out at industry level scale.

“Our proprietary technology decreases the environmental impact and cost of traditional shrimp farming or trawling,” said Daniel Russek, CEO and founder of Atarraya. “It allows for the production of fresh, sustainable and local shrimp farms to be set up anywhere in the world as a vertical aquaculture farm that generates nearly 10X the return on investment to farmers.”

Related Story: Better Origin, Maker Of Modular, AI-Powered Insect Farms, Raises $16M

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
FinTech: Klarna’s All-In Efforts To Achieve Profitability Getting Traction
May 26, 2023     FinTech, News

Swedish fintech company Klarna achieved a significant improvement in its financial performance during the first quarter, as it halved its net loss compared to the same period last year. The…
Alternative Investments/AI: Euclidean Technologies Launches ETF For AI-Selected Value Stocks

Seattle-based investment advisor Euclidean Technologies Management has launched its first exchange-traded fund (ETF), the Euclidean Fundamental Value ETF (ECML US). The actively managed US equity fund utilizes artificial intelligence (AI)…
Venture Capital: Matrix Partners Raises $550M For Its Fourth India Fund
May 26, 2023     News, Venture Capital

Matrix Partners India, a venture capital firm focused on investments in India, has announced the closure of its latest fund, securing over $550 million in commitments. This new fund from…
Artificial Intelligence: AI Helps Researchers Find A Compound To Kill The Drug-Resistant A. baumannii Bacterium

Scientists at MIT and McMaster University have used artificial intelligence (AI) to identify a new antibiotic that can combat drug-resistant infections caused by Acinetobacter baumannii. The bacterium is commonly found…