Company Overview
Snapshot
Founded in March 2013 by Cobi Levanon and Igal Magen, BioFishency operates with 1–10 employees. The company has raised $3.5M across two funding rounds from two investors. In March 2019, BioFishency received funding from The Trendlines Group and Aqua-Spark.
Business overview
BioFishency develops all-in-one water treatment systems for land-based aquaculture, addressing challenges such as limited water availability and toxic ammonia buildup from fish waste. Its technology aims to improve fish survival, growth, and reproduction by enabling increased production in ponds and reduced water usage in tanks. The system supports extensive, intensive, and recirculated aquaculture methods, allowing fish farms to boost output using existing infrastructure. The company operates within the Agriculture & Food Technologies sector, focusing on sustainable farming and water treatment solutions for the aquaculture industry.
Strategic signal
In March 2020, BioFishency announced an aquaculture installation in China, signaling its continued expansion into key international markets. This demonstrates the company's ability to deploy its water treatment technology in diverse operational environments and validates its commercial viability on a global scale, indicating potential for further market penetration and revenue growth.
Company Intelligence Q&A
- What is BioFishency's primary focus?
- BioFishency specializes in developing all-in-one water treatment systems for land-based aquaculture, designed to improve fish survival, growth, and reproduction by managing water quality and reducing ammonia buildup.
- When was BioFishency founded and by whom?
- BioFishency was founded in March 2013 by Cobi Levanon and Igal Magen.
- What significant recognition did BioFishency receive?
- BioFishency won first prize at the Fishtech awards in November 2018.
- What was a key market expansion for BioFishency?
- In March 2020, BioFishency announced an aquaculture installation in China, marking a significant step in its international market expansion.
- Which investors participated in BioFishency's March 2019 funding round?
- In March 2019, BioFishency received funding from The Trendlines Group and Aqua-Spark.