Royal Caridea

Royal Caridea (RC) is a high-tech shrimp farming company focused on bringing its transformative GEN 2 Shrimp Farming Technology to commercialization. Based out of Gila Bend, Arizona, the sponsor has market-tested high-quality shrimp in conventional ponds and greenhouses, producing 12,500 lbs. of shrimp in 2021. Royal Caridea is currently raising $1.065 million (Series B Preferred) of equity capital in order to finance the build of its first patented GEN-2, 8-stacked raceway, production system. The images below show both the single "Gen-2 Raceway" along with the "Gen-2 Production Unit" (8 Gen-2 Raceways stacked on top of each other).

Royal Caridea premium shrimp will compete directly with the upper end of traditional offerings while also opening untapped markets for live and fresh, never-frozen products. In two of the current shrimp markets, i.e., live, and fresh, never-frozen, RC will face limited competition from niche players which do not have the capacity to produce shrimp on a continuous, predictable basis. The company produces the highly desirable Pacific whiteleg shrimp, Penaeus vannamei.

See the Raceways Up Close!

RC plans to open and operate its own retail outlet strategically located on the east side of Phoenix, situated closer to its Asian population. Through its retail outlet, RC will create its first point of distribution to reach the public where it will sell both live and fresh, never frozen Shrimp. People generally like to see what they are buying prior to buying which in turn allows RC to start developing a personal relationship with the consumer.

UPDATE! April 14, 2023

• To All, here is the latest of our shrimp growth ---- 5g growth last week and 5g more this week. Can we be on pace for a 36 - 40g Royal Caridea Shrimp????? Five to Six weeks till harvest --- 90 days --- remember when we grew shrimp in the ponds it was 120 days --- so 25% less grow time and 30 - 40% more weight. This species is amazing but only when grown in our patented and controlled environment.

• UPDATE! April 7, 2023 
  Shrimp PL12 (post larvae 12) and acclimated for ~7 days. Salinity reduced from ~30 PPT to 10 PPT. They were then stocked into an inground raceway wherein 10 PPT salinity and 10C temperature have been maintained. The shrimp are today, 54 days since being received. They are growing very quickly,, they grew an average of 5 grams this week. Anticipate they will be ready to harvest from May 5th to May 23 and will weigh 32g plus per shrimp. They are being fed four times daily and we have seen very little mortality.

• UPDATE! April 7, 2023
  Royal Caridea LLC’s first fully functional 8-Vertical Shrimp Raceway System --- the 1st of many Stacked shrimp raceway systems designed to be placed in a building almost anywhere in the World. Creating an environmentally controlled sustainable shrimp grow-out facility!
• Active2Tec has signed a Letter of Commitment to purchase RC shrimp for international export (see the documents section for more details).
• RC's Arizona desert shrimp has been endorsed by Executive Chef and Ambassador of the Good Fish Foundation, Danielle Leoni. "I’ve always seen sustainability through the lens of food and have always been excited to share the exceptional quality and taste of Royal Caridea’s Arizona Desert Shrimp. The Arizona Desert Shrimp hit that sweet spot where quality, taste, and availability come together to offer a chef exactly what is needed to deliver an outstanding culinary experience." (see the documents section for more details)

This is our latest update as we begin development on the first 8-Raceway GEN 2 Shrimp Farming System.

POSTED! Webinar September 27, 2022 

Sales Growth: RC expects to see its sales grow from over $140,000 in 2021 to over $18 million in 2026 with EBITDA surging to $8.7 million in 2026, based on meeting RC's proforma estimates. This will put RC on the path to further growth – while bringing to market a series of high-quality products and meeting a vast unmet need of demanding and savvy consumers, these projections are forward-looking and not guaranteed.


Sustainable Marine Protein Production: Shrimp trawling is one of the most destructive fisheries; for every pound of shrimp that is caught, it is estimated that up to twenty pounds of finfish or marine invertebrates are killed as bycatch. Additionally, concerns remain about shrimp farming’s environmental sustainability including the destruction of mangroves; the impact of pollution; the incidence of disease; and the depletion of wild shrimp. Social issues, such as the use of slavery in parts of the supply chain, have not been eliminated. RC’s enclosed recirculating aquaculture system solves these problems by producing shrimp with minimum land and water use and no use of antibiotics.

Royal Caridea fits the Monterey Bay Aquarian requirements to receive a classification of Best Choices/Green. Companies with this selection are summarized as "well managed and caught or farmed in environmentally friendly ways". The Monterey Bay Aquarium Seafood Watch® program evaluates the ecological sustainability of wild-caught and farmed seafood commonly found in the North American marketplace. To view the full document, please view the "Monterey Bay Evaluation'' document. (see the documents section for more details). 

Compared to imported shrimp, the sponsor's product will have the following:

• Great taste, texture, and appearance
• Year-round availability
• Healthy, human pathogen-free
• Strong product margins
• Ability to serve live and fresh, never-frozen markets
• Consistent, predictable shrimp production in 16 and 26-gram sizes
• Local production gives a significant freshness advantage over imported shrimp

Strong IP: RC has patents granted in Australia and the USA and pending patents in numerous other countries, including the European Union, for the "Multi-Phasic Super Intensive Shrimp Production System" (Gen 2).

Royal Caridea hopes to be acquired by a large seafood company, private equity firm, or a large food manufacturer/distributor. They have had discussions with a few companies, but they need to see the 8-Raceway system successful. RC expects to see an exit for early investors in the next 4 to 5 years.  These projections cannot be guaranteed. 

Royal Caridea has secured a well-situated site in Gila Bend, Arizona. The farm site is located a significant distance from wild or domestic shrimp. The aquifer water is low saline (RC adds salt as may be required) and free of microbial pathogens. The location is close to numerous markets in the local area, and the large California markets are within a reasonable transport distance. The PHX airport is nearby, which will support shipping for anticipated substantial online sales.

Over 1.65 billion pounds of shrimp were imported to the USA in 2020, of which almost all were previously frozen. In the same year, approximately 280 million pounds of shrimp were landed in the USA (over 60% from the Gulf of Mexico) which implies a total available product of 1.9 billion pounds, with 80-90% coming from imports. Shrimp is the most consumed seafood in the USA, with a consumption of more than 5 pounds per person each year. However, most American consumers have little to no access to fresh, never frozen, or live shrimp. The same is true in Europe.

America’s import needs are met largely by farms in Southeast Asia (Thailand, Indonesia, India, Vietnam) and Latin America, primarily Ecuador. All of these countries have high chances of supply chain disruption. Since early 2021, international freight costs from Asia to North America for 20-foot and 40-foot containers have increased by as much as 500% -700% due to persistent shortages of frozen food containers. Aside from supply disruption, contamination of imported products is of grave concern. The US Food and Drug Administration (FDA) rejected a five-year high of 72 shipments of antibiotic-contaminated shrimp in 2021, over twice as many shipments as were refused in 2020.

Overall, the trend of shrimp farming is trending towards more efficient, sustainable, and cleaner production, but significant challenges remain in the small-scale portion of the sector, wherein batches are consolidated, thereby voiding trace-back resulting in health concerns for the American and EU consumers. Concerns remain about shrimp farming’s environmental sustainability including the destruction of mangroves; the impact of pollution; the incidence of disease; and the depletion of wild shrimp. Social issues, such as the use of slavery in parts of the supply chain, have not been eliminated. Cleaner and more efficient farming requires capital investments and technical training, which is not universally accessible.

Demand for shrimp continues to rise fueled by a growing population of consumers, seeking high-quality sustainable, traceable protein. Year-over-year, global shrimp production grew at a rate of 4% over the 10 years ending 2020. Consumers “accept” frozen shrimp but are constantly in search of locally grown fresh produce. Wild fisheries cannot meet US domestic demand for shrimp to say nothing of the demand for fresh, never frozen, or live shrimp in America or Europe. There is a clear opportunity for a market entrant that can produce locally grown, high-quality shrimp in the quantity that is available to the market daily and is sustainably grown using responsible methods. Royal Caridea was formed to take advantage of this opportunity. 

Now that you've had the time to see why the shrimp industry needs our technology, not only to produce live shrimp all year long anywhere in the world but also to minimize disease, and increase sustainability and safety in the overall industry. We provide better tasting healthy-eating shrimp to the consumer. Royal Caridea's GEN 2 Shrimp Farming System, a patented technology, is commercially ready to disrupt the global market. Are you ready to change the world? We can do it with your help, invest the minimum or more, and tell your friends and family that they can get in on something exciting and a market game-changer.