The future of seafood is on land – and SHRMP.bio plans to create it.
[Melbourne, Victoria, Australia]: Venture studio Blue Ocean Ventures today announced the spinning out of its first development project. The new biotech startup SHRMP.bio is developing the technologies to build a seafood manufacturing system ready for the challenges of the 21st Century.
SHRMP.bio aims to make sustainable seafood possible through a fusion of molecular biology, industrial bioprocessing and automation with the latest aquafarming approaches. SHRMP.bio’s technology convergence has the potential to overcome current production challenges and take seafood production into urban or industrial areas close to markets, thereby minimising land use and simplifying supply chains. Using SHRMP.bio’s future technologies, seafood production could also be moved away from areas that are severely exposed to climate risks, resulting in fewer disruptions due to natural disasters and reduced losses caused by the impact of disease or predators.
Spinning out their first project is a significant milestone for Blue Ocean Ventures on its mission to become Australia’s leading Blue Venture Studio, which was created to help build a sustainable and thriving local Blue Economy ecosystem.
“Our COVID experience shaped the way we started assessing future economic opportunities in Australia. Looking at how Australia could harness unique geographic features to its advantage, we identified the Blue Economy and, in particular, Ocean Innovation as an area of emerging economic value for which Australia has everything to succeed.”, says Dr Lichtfuss, Managing Director of Blue Ocean Ventures. “We believe Australia offers all the components needed to become the world leader in Ocean-related research and innovation and ultimately a powerhouse in the Blue Economy. We have excellent research organisations and an established and growing entrepreneurial tech culture, and we are a very wealthy nation that could easily fund the development of breakthrough technologies. On top of this, we also have thousands of kilometres of coastline – a quarter more than the US. This combination of factors is the reason behind the creation of Blue Ocean Ventures. For us, SHRMP.bio is not only an exciting Blue Bio-Technology startup – SHRMP.bio is also a probe to sound the depth of the water under the keel of our hypothesis that a Blue high-tech company can be developed in Australia. I am expecting this is not going to be a cocktail cruise. However, that’s also a big part of why we do it. It’s going to be exciting.”
SHRMP.bio’s journey can be followed on their website http://thefutureofseafood.com and the company’s LinkedIn page https://www.linkedin.com/company/futureofseafood.
About us:
About Blue Ocean Ventures: Blue Ocean Ventures aims to become Australia’s leading Blue Venture Studio and establish a platform to seed opportunities into the local Blue Economy ecosystem. Blue Ocean’s mission is to find and develop solutions to address the UN’s Ocean Decade Challenges. Aside from financial gains and impact goals, Blue Ocean’s vision is also to contribute to the capability building needed for future manufacturing industries that drive high-tech R&D operations and create high-value product and technology export opportunities for Australia.
About SHRMP.bio: SHRMP.bio is an Australian early-stage blue bio-technology start-up developing the technologies to build a seafood manufacturing system ready for the challenges of the 21st Century. SHRMP.bio aims to combine elements of molecular biology, bioprocessing, and automation with the scale and simplicity of traditional aquafarming to make genuinely sustainable seafood possible.
If successful, SHRMP.bio has the potential to overcome current production challenges and take seafood production into urban or industrial areas close to markets, move seafood production away from areas that are severely exposed to climate risks, and improve supply chain traceability from raw material to finished product.
Contact details:
Dr Gregor Lichtfuss
Managing Director - Blue Ocean Ventures
+61430168489
media@blue-ocean.ventures
