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Venture fund joins US aquaculture lobby

The Fish Site
by The Fish Site
8 December 2020, at 11:00am

Early Charm Ventures, which specialises in turning scientific discoveries made at universities into companies focused on growth, has joined Stronger America Through Seafood (SATS).

The US aquaculture industry includes a thriving catfish sector
The US aquaculture industry includes a thriving catfish sector

© MSU Extension Service

Founded in 2012 in Baltimore, Early Charm Ventures supports companies that are making innovative strides in aquaculture technology, diagnostics and measurement. Its aquaculture technologies portfolio includes Minnowtech, Gaskiya Diagnostics and VakSea.

Ken Malone, CEO of Early Charm
Ken Malone, CEO of Early Charm

SATS is an industry coalition that lobbies to increase Americans’ access to healthy, sustainable and affordable domestically-produced seafood. Margaret Henderson, its campaign manager, said: “Technological innovation is a key component of our growing industry, and Early Charm is enabling companies and fostering technologies that will produce more efficient and sustainable aquaculture production. Early Charm will provide a unique perspective as SATS continues to advance our mission of establishing a properly regulated aquaculture industry in the US.”  

“As we've travelled the world and seen the impressive advances in aquaculture sustainability, we've become acutely aware that an antiquated regulatory framework in the United States is stopping our participation in an industry of national importance,” said Ken Malone, managing director of Early Charm. “SATS' efforts to inform our elected officials and advocate for more rational regulations that recognise the tremendous advances the industry has made in sustainability, are something we are pleased to contribute towards.”