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American Unagi logo — Raising world-class eels on the coast of Maine. Local, trace...

American Unagi

Raising world-class eels on the coast of Maine. Local, traceable, responsible, and, of course, delicious.

Founded 2014 United States Waldoboro, United States 11 employees Venture round Total: $10.44M Waste Solution

General Information

Company Name American Unagi
Founded Year 2014
Location United States Waldoboro, United States
Employees 11
Industries Waste Solution
Funding Stage Venture round
Social

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About American Unagi

American Unagi is a unique and innovative startup based in the United States, striving to revolutionize the aquaculture industry. The company, founded in 2014, prides itself on its sustainable and responsible approach to eel farming. With a strong emphasis on locally sourced, traceable, and delicious products, American Unagi has garnered attention and recently secured a Venture Round investment at 08 January 2024 from RuralWorks Partners.

Through its land-based aquaculture system, American Unagi ensures that its eels are raised on a high-quality diet without the use of hormones or antibiotics. This commitment to quality is reflected in the consistently best-in-class fat content, flavor, and texture of the product. The company's dedication to delivering all-natural, highly nutritious eels has earned it the distinction of being the only premium eel farm in the world with a 'Good Alternative' rating by Monterey Bay Aquarium Seafood Watch.

American Unagi not only offers a variety of live, frozen, refrigerated, and smoked products but also actively supports a well-managed glass eel fishery and a coastal Maine community deeply rooted in the working waterfront. Moreover, the company's partnership with the Maine Department of Marine Resources and the Atlantic States Marine Fisheries Commission provides consumers with the assurance that its eels are responsibly sourced from a managed wild stock.

Overall, American Unagi's sustainable practices, commitment to quality, and support for the local community make it an attractive investment opportunity. The recent funding from RuralWorks Partners is a testament to the potential of this startup in not only disrupting the aquaculture industry but also creating a positive impact on the environment and local economy. As the company continues to grow and innovate, it is positioned to become a key player in the sustainable seafood market.

Business keywords: aquaculture, sustainable farming, ecofriendly food production, responsibly sourced seafood, local food, traceable supply chain, Maine seafood, premium seafood, ethical fishing practices, high-quality eel, healthy food, wild stock management, seafood sustainability, coastal community support

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
RuralWorks Partners
08 Jan 2024
Debt Financing $5.70M 2
Gorham Savings Bank, Finance Authority of Maine
06 Aug 2021
Series A $4.40M 3
Maine Angels, Coastal Enterprises +1
06 Aug 2021
Seed Round $308.75K 1
Maine Technology Institute
01 Jan 2019
Grant $3.75K 1
Maine Technology Institute
03 Oct 2017
Grant $5.00K 1
Maine Technology Institute
04 Oct 2016
Grant $4.46K 1
Maine Technology Institute
29 Sep 2015
Grant $15.11K 1
Maine Technology Institute
07 Apr 2015

American Unagi Alternatives & Competitors

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American Unagi vs
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FAQ About American Unagi

Raising world-class eels on the coast of Maine. Local, traceable, responsible, and, of course, delicious.
American Unagi was founded in 2014.
American Unagi is headquartered in Waldoboro, United States.
American Unagi operates in Waste Solution. Its work centres on aquaculture, sustainable farming, ecofriendly food production and responsibly sourced seafood.
American Unagi has approximately 11 employees.
American Unagi has completed 8 funding rounds, raising a total of $10.44M. The latest funding stage is Venture round.
Top alternatives and competitors to American Unagi include Pure Salmon, Benchmark Holdings plc, BlueNalu, Stremtech AB, DELOS. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
American Unagi and Pure Salmon are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for American Unagi, https://bouncewatch.com/company/american-unagi, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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