Backed by private equity, US insect startup plans aquaculture project

Backed by private equity, US insect startup plans aquaculture project

EB-5 Visa, EB5 Visa, EB5 Investments

US-based Organic Nutrition company backed by private equity plans to combine fish fed with insects and hydroponics at a new facility in Maine, reports Bangor Daily News.

The facility will be built at St. Joseph’s College in Standish, Maine, and farm fish in tanks which take waste to produce nutrient-rich water for growing produce. 

The project is backed by private equity firm Cate Street, which plans to use a combination of private financing, federal government support, its partnership with St. Joseph’s and a program for foreign investors. 

In August Organic Nutrition said it’s planning five facilities in four states. It hopes to fuel some of its future projects with $50 million in foreign investment through the China-based Da Tang Investment Group and the EB-5 program. 

The EB-5 Immigrant Investor Program gives expedited green cards to investors who put more than $500,000 into a qualifying US business.


  • Maine

Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.