2015 may be well under way, but Plant Growth Net Zero Aqualife, a completely organic, non-GMO, self-sustained shrimp farm, is still counting down: 12 more days before its Crowdfunder / Return on Change crowdfunding campaign closes on Jan. 31, 2015.
The San Diego-based company seeks to produce high-quality organic shrimp at a low cost of production—without emitting any waste or pollution, or consuming any water or energy (known as a closed-loop system). The resulting product will also be fully compliant with Whole Foods’ requirements, according to the project’s Crowdfunder profile.
The company is raising $5,150,000 with a minimum reservation of $5,000. Current reservations total $5,077,050 on Crowdfunder since the campaign began Aug. 10, 2014, although Net Zero Aqualife is also crowdfunding on Return on Change. On the latter platform, it states it has raised $4,385,550 of its $5,150,000 goal, with an equity share of 51.5 percent, and 12 days to go.
Think back to that delicious tandoori shrimp, shrimp scampi or shrimp and avocado taco you may have eaten last week: Chances are 91 percent certain that the shrimp didn’t originate in the United States. Most shrimp are imported from outdoor aquaculture “farming” programs in Asia and Latin America, and more than 99 percent of U.S. shrimp are susceptible to disease, contamination, pollution, pharmaceutical substances, according to Net Zero Aqualife’s crowdfunding campaign.
To improve quality and reduce contamination, Net Zero Aqualife would combine organic seafood production with water treatment systems, biomass solutions and solar farms solutions, notes Net Zero Enterprises’ website. Net Zero Aqualife was also rated by Monterey Bay Aquarium Seafood Watch’ program as the “Best Choice” in October 2014. More recently, the company posted this month that “97 percent of the equity funding [is] completed,” adding that “Net Zero Enterprises will invest the remaining amount at the start of execution, if the funding isn’t.”
Currently, the campaign has 200 Crowdfunder followers, and its top investors are Net Zero Enterprises’ chairman/CEO and its president for the Americas, as well as Ericsson’s head of prime integration services and a coach who was also a former Davis-cup player for Denmark, according to their respective Crowdfunder profiles.
Net Zero traces its roots back to 1943 when the company invented the Thermal Block material in Sweden. Over the years the Net Zero Solution has evolved and now encompasses optimized energy solutions for renewable energy clusters, Biofuel plants and land development with the ultimate goal of building them carbon neutral (or carbon negative) and self sustainable, in other words, Net Zero.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!