{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgNPzz5sKDA","lastupdate":"2024-11-14T00:00:00.000Z","update_date":"2024-11-14T00:00:00.000Z","lastModified":"Dec 5, 2024","active":1,"confidence_score":98,"confidence_score_reason":"markets","urlname":"aquinovo","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$r61UfPeWKxMBEUvVpEik0dXipBo278LyKng9enu6jo6vB5nVTQtdrX.png","name":"AquiNovo","oneliner":"Accelerating Growth of Farmed Fish","registrar":"515319887","website":"https://aquinovo.com/","careerspage":"","founded_month":10,"founded_year":2015,"formernames":[],"sociallinks":{"twitter":"","youtube":"","facebook":"","linkedin":"https://www.linkedin.com/company/72434775","instagram":""},"social":["https://www.linkedin.com/company/72434775"],"flattenedsociallinks":"https://www.linkedin.com/company/72434775","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"1-10","employees_exact":3,"patent":1,"raised":2500000,"stage":"Seed","public_stage":"Seed","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Jvz2KAJDA","primary_sector":"Agriculture & Food Technologies","alternativenames":["AquaNovo","Aqua Novo"],"about":"AquiNovo develops proprietary non-hormonal, non-GMO specialty feed additives designed to increase fish yields and revenues while improving fish feed utilization, thus reducing feed costs. The value proposition for fish farms is higher fish yields at an increased profit. \r\n\r\nThe companys initial products target tilapia, the second most commonly farmed fish for human consumption, and future products will target species such as salmon, carp, and shrimp. AquiNovo will sell its products to feed producers to be incorporated into their feed and sold to fish farms.\r\n\r\nBeyond providing an exceptional business opportunity, AquiNovos technology has a clear positive impact on sustainability and societies. 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AquiNovo has developed a non-hormonal additive for fish feed that enhances the growth of farmed fish and increases the efficiency and profitability of fish farming. The technology has been successfully tested in tilapia and will be ready for market within 3-4 years. AquiNovo intends to use the investment to further develop and test the technology for use on salmon and other farmed fish. The investment from Neovia will help AquiNovo address the growing interest in sustainable and efficient fish farming technologies, as overfishing and depletion of marine resources continue to be a concern. AquiNovos technology could also reduce or eliminate the use of hormones in fish farming.","partners":null,"customers":null,"investors":"Neovia","confidence":8,"key_topics":["fish farming","feed additive","growth technology","sustainability","demand for fish-based protein"],"date_of_event":"2017-11-30","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$1.5 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"xV0ACeHcvGa5K2sPduS6Vzu3togksKNWGerncUHSzDSb12IjMJ6eSj","news_summary":"Fish Farming Startup AquiNovo Raises $1.5 Million in Seed Investment","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"175bf249-10e6-4888-bff8-645e6d3e9824","date":"Nov 27, 2017","link":"https://www.prnewswire.com/news-releases/aquinovo-raises-us15-million-from-neovia-300561725.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"aquaculture, investment","company":"AquiNovo Ltd.","layoffs":null,"summary":"AquiNovo Ltd., a portfolio company of The Trendlines Group, has signed an agreement with Neovia for an investment of US$1.5 million. AquiNovo develops solutions to improve farmed fish development and offers a non-GMO, non-hormonal solution to be incorporated into fish feed. The investment from Neovia affirms their confidence in AquiNovos technology and its potential to make a difference in the aquaculture market. Aquaculture is a fast-growing market with increasing economic opportunities, and AquiNovos technology aims to provide higher yields, lower production costs, and reduced exposure to risks associated with longer growth periods. 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The professor identified two proteins that play a crucial role in promoting fish reproduction and developed molecules to disrupt reproduction, leading to increased growth rates. The theory has been proven in tilapia, with fish fed the inhibitors gaining 25% more weight compared to those that did not receive the supplement. The technology has been licensed to a startup named AquiNovo.","partners":"Trendlines","customers":"N/A","investors":"N/A","confidence":8,"key_topics":["fish farming","reproduction","growth rates","neurokinins","AquiNovo"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Customers","Partners"],"acquisition_amount":"N/A","structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"9QbG0ACo9L261dO1Rb7f8LuFZEnDgA8YBw4D4f93zLXAJqGX4edsbU","news_summary":"Israeli innovation could feed world with bigger, farmed fish","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"7d31c25a-967a-44ee-b41d-1ce4de370aa2","date":"Jun 27, 2017","link":"https://phys.org/news/2017-06-world-fish-protein.html","source":"phys.org","visible":1,"analysis":{"tags":"aquaculture, fish farming","company":"AquiNovo Ltd.","layoffs":null,"summary":"AquiNovo Ltd., a start-up licensed by Yissum, the Technology Transfer company of the Hebrew University, is developing technology to generate growth enhancers for farmed fish. 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