Royal Caridea

Royal Caridea

Transform the shrimp production industry while addressing unmet market needs

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Categories
Technology, Agriculture, Financial Services, Food & Bev
Min Investment
$100
Location
Avondale, AZ
Expected Close Date
April 30, 2023
Target Raise
$75.00K-$1.07M
No. Investors
57
Security Price
$1
Valuation
$7,000,000
Number of Employees
4
Cash
$281,454
Revenue
$140,006
Short Term Debt
$116,711
Cost of Goods
$78,162
Long Term Debt
$4,083,279
Net Income
$-867,165

Key Deal Facts

Already raised $935,000 from Series A Preferred Offering
Patented in USA and Australia; Pending in EU. GEN-2 is ready for commercialization.
GEN 2 Shrimp Farming is a Super Intensive Raceway Shrimp Farming Technology (SIRSFT)
Provide high-quality live shrimp 365 days a year anywhere in the world
Shrimp are grown disease free, with consistent harvest volumes, and highly-reduced crop losses
Raised funds through Harvest Returns, a dedicated Agricultural-focused crowdfunding platform
Revenues are projected to increase rapidly as production scales up (not guaranteed)
Current predictions are that global shrimp production will approach 11 billion lbs. in 2022

Management Team / Advisory Board Bios

Victoria Goitia Managing Member / President and Director of DeveloPh.D. in Medical Microbiology. Academic and Pharmaceutical Research appointments. Co-founder of Royal Caridea., Michael Cunha Chief Financial OfficerMr. Cunha formerly a Managing Member and CFO (Founder) of Royal Caridea. He graduated summa cum laude from Washington State University with a B.S. in Psychology and summa cum laude from Chapman University with an MBA in Accounting and Economics., Anthony Brand V. P. EngineeringCorporate Industrial Manager, Facilities Maintenance and Facilities Engineering with 32 years of experience focused on systems planning, design, and integration., Philip Peck V. P. Marketing and SalesTwenty-five years of management-level sales and marketing experience. Expertise in retail, club stores, online, and foodservice distribution channels., Craig Collins Plant Production Operations ManagerHighly experienced with design and setting up shrimp operations. Mr. Collins has over 30 years of growing shrimp and managing shrimp facilities., Tony Hudson Digital Media Director, Sales and MarketingOver 15 years of successful digital media marketing success with Enterprise Companies
Amount Raised : $79,490
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