{"data":{"type":"company_profile","id":132468,"entity_id":"wefunder:company:132468","attributes":{"canonical_url":"https://wefunder.com/transparentsea.farm","generated_at":"2026-07-05T05:55:52Z","updated_at":"2026-07-04T23:53:06Z","entity_ids":{"company":"wefunder:company:132468","slug":"wefunder:company_slug:transparentsea.farm"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":false,"privacy_mode":"unlisted","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-07-05T05:55:52Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-07-04T23:53:06Z","as_of":"2026-07-05T05:55:52Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-07-04T23:53:06Z","as_of":"2026-07-05T05:55:52Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-06-02T20:03:11Z","as_of":"2026-07-05T05:55:52Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-06-02T20:03:11Z","as_of":"2026-07-05T05:55:52Z","confidence":"medium"}}},"company":{"id":132468,"entity_id":"wefunder:company:132468","slug":"transparentsea.farm","name":"TransparentSea","tagline":"Premium shrimp without oceans - consistent quality, no supply chain surprises","story":"Why Invest in TransparentSea?We are reinventing seafood production, starting with shrimp. People have taken notice...Access to fresh, transparent and clean seafood is too often an impossibility in the United States. TransparentSea was founded in 2020 with a vision to create a truly revolutionary seafood farming platform that would be incredibly resource efficient and could be placed almost anywhere. As we take the next steps in scaling, we're inviting you to own part of a solution that makes a profit and creates an alternative method of production for the world. Truly a win, win.TransparentSea produces shrimp in proprietary recirculation aquaculture systems (RAS) for the restaurant, retail and food service industry. The company is poised to be the Chobani of shrimp, as we have reinvented production methods, ethics and product quality of America’s most popular seafood.What is TransparentSea and why could it be massive?At the end of the day, we grow and sell shrimp for people to eat. The shrimp is better looking and tasting than other shrimp on the market, but there are additional ways this company wins for its customers and investors. For customers:Better tasting productGuaranteed clean and freshSafer and better for healthMade locally in the USASomething to believe in as a mechanism for everyday consumers to help the planetFor investors:Sell shrimp profitablyWill also use shrimp waste nutrients to grow seaweed, sea asparagus, sea urchins and make agricultural fertilizersWe do our engineering in house, so we own the engineering design, protocols and trade secretsAs we scale, production costs come down and margins growThis method doesn’t rely on the ocean and can be placed almost anywhere in the world, and we’ve received over 100 inquiries to partner or sell technologyIt’s solving an enormous problem, so the opportunity to scale is enormousHow did we create a coveted brand name in an old warehouse during a pandemic?Simply put, we created a better shrimp... it created a buzzHighlights:Pilot farm built in Downey, CA producing ~800 lbs weekly, and validating end-to-end proprietary technologyRepeat customers totaling $1.5 million in salesLarge live grocery chains are set up for high volume offtakeSold out tours and eventsSignificant pent-up demand in retail and foodserviceChefs and retail consumers call weekly asking for our returnThis isn't just an idea, we've already gone and done it. Our pilot farm in Los Angeles was a resounding market success, and allowed us to get our technology ready for the prime time. We also managed to improve our farming methods, get real data on every point of the business, and truly understand the wants and needs of our customers over a 4-year period of steady operations. These are just some of our regular restaurant customers from 2021-2024. They range from multiple Michelin star restaurants to museums, hotels and sake bars, demonstrating that there are multiple ways to win with the TransparentSea product and story.We now know that sustainable premium shrimp can be successful in retail, food service, live markets and direct to restaurants. Most of our shrimp went to restaurants, largely because we had no sales or delivery team, just a few biologists responding to inquiries and selling shrimp as quickly as we could grow them. Imagine what we could do with a focused sales and marketing effort, especially with quotes like these from top chefs in the industry:Caring about one's own company mission is important, but we ran the pilot to verify that a large part of the market would also care. In other words, the pilot was needed to make sure we weren't so in love with our solution that it was akin to drinking our own Kool Aid. In addition to getting more restaurant inquiries than we could serve, we frequently heard things at retail markets like:“I’m not eating another shrimp until you start the new farm.”“This is the best shrimp I’ve ever had.”“I didn’t know shrimp was supposed to taste like this.”\"I used to have allergies to shrimp, but not to yours.\"\"You can’t give up. The world needs you.\"Why does the world need TransparentSea?As shrimp consumption continues to rise, the world need a new solution because...Unsustainable Status Quo of $12 Billion IndustryUnattractive and unsafe handling of seafood is commonTough numbers to read, aren't they? Even if the shrimp on your plate was farmed using best practices, the odds that the quality will translate through the complex and inflexible distribution chain are very low. In addition to cold chain abuses, nearly all commodity shrimp are still preserved with a range of proprietary salts, soaks and sprays. As consumers ourselves, we couldn't accept this status quo, so we started TransparentSea.TransparentSea is vastly different than other shrimp farmsThe TransparentSea process starts with potable water. We next carefully add the salts and minerals that make shrimp strong, healthy and delicious. Every hour of every day, we condition this water with a series of filters and re-use virtually all of it through the growing process. Our team often jokes that we are water farmers, and the shrimp are just a side effect of balanced water and microbial systems. This proprietary balancing act allows us to consistently create the highest quality shrimp while preserving our planets precious water and land resources. Simple as it may sound, many have failed to get this aquatic balance just right while also farming enough shrimp to profit.Same species as the grocery store... totally different productThe result is a night and day difference in look, feel and taste from what is available in the market. you can clearly see the deep blue color, firm texture and lack of shrinkage when cooked. Our products have been served lightly cooked and raw to thousands of diners, and to date received zero complaints or accusations of food-borne illness. Not your typical shrimp story, is it?While the problems with shrimp can be a bit depressing, we take solace in knowing that this is an enormous market that is ready to embrace a better product. Let's walk through a brief justification of these estimates. Take beef for example. USDA Prime comprises 5% of all beef sales in the United States and sells out at double the price of USDA Select beef, providing a proxy for the market share for other premium proteins.Assuming 5% of shrimp is premium at $15/lb., the total addressable market for premium shrimp in the USA is $1.5 billion (45,000 tons).At 12% of the US population, the TAM for premium shrimp in California alone is $178 million per year (5,400 tons). For perspective, our pilot farm produced a maximum of 20 tons per year. The 1st module of our next farm is sized to produce 75 tons/year. The point is, this market doesn't need to be created and the cost to acquire customers will remain low, buying us time to scale at premium prices while we drive our costs lower.A Comparable Success StoryChobani was started in 2005 in an old Kraft yogurt factory for less than $1 million. Greek style yogurt was 1% of the market in 2007 when Chobani started selling but within 5 years, it became 40% of the yogurt market. The yogurt industry in the US had grown by $1 billion in that time, seemingly contrary to what was known to be possible among yogurt traders. This was almost entirely due to Chobani, a company willing to make a better product that cost 1.5 times the price of commodity yogurt at the time. Twenty years later, the company is worth tens of billions and has made yogurt more healthy, popular and profitable.The fundraise has momentum...thanks to the pilotThere were 3 major challenges at the pilot. First, we rented an expensive old building not fit for our use. Second, we had wildly inconsistent supply of seedstock, or baby shrimp. Third, in an effort to make the most of our limited funds, we made tanks out of sub-par materials that failed to hold up. We're eliminating those challenges on day 1 at TransparentSea 2.0.We have secured a 160-acre ranch east of San Diego, California. Land ownership greatly reduces the risk and overhead costs from the pilot farm, allowing us to focus on what we are good at, growing and selling shrimp. We have the plans and equipment for a small hatchery, a custom designed nursery and growout module, and a modern harvesting and packing facility which will reduce labor and standardize quality control.TransparentSea uses repeatable production modulesA commercial aqua-farm consists of a hatchery, processing, offices and production modules. A production module contains nursery, growout and harvesting equipment. Below is a snapshot of one production module. We already have space and funds for offices, hatchery and processing.The pilot aquafarm had a capacity of 25 tons/year. We have designed a more efficient 100 ton production module capable of generating $4M/year.Our modular approach reduces risk for farm operators and investors. Operators don't need to learn about many different pumps and tanks, and can keep much tighter inventories of spare parts across the farm. Investors can know that the engineering, quoting and buildout is standard and ready to be repeated in other locations without additional delays and costs.Strong returns projected from real pilot numbersA quick look at pro forma highlights show approximate returns for the businessNote that future scaling drives huge gains in efficiency and return rateOften times the projected numbers of young businesses are entirely theoretical. (Some of ours were back in 2019.) Given the data collected at the pilot, we can have confidence that our pro-forma projections are reliable and conservative. Some key metrics shown in this brief summary include very healthy gross margins, unit costs that decrease with scale and overall promising returns on invested capital. There is more financial analysis available upon request.In investing, you'll be joining a diverse group of angel investors that include several professional investors, the world's foremost aquaculture accelerator venture capital group, agricultural family business owners, a former SpaceX engineer, a tequila company CEO, and film producer, and more. TransparentSea is still mostly family owned.Exit StrategyIf you are still with me, you might be excitedly wondering how and when investors in this round will make money. And how much could we make? The following slide lays out 3 scenarios of what success could look like over time:We are trying to solve a global problem in a massive market, so we plan to reinvest most profits when available and focus resources on company and brand growth.While we include a 6% board-approved annual dividend in this preferred shareholder offering, investors will most likely see most substantial returns when the company is acquired. (An IPO strategy is possible; should we lean more heavily into technology licensing as we grow).We plan to use these Series A Funds to build 1 profitable module (75 tons), then use agricultural debt financing to expand the California farm to 600 tons ($25M revenue). To accomplish this, we’d expect to raise another $3M in 2029, while borrowing $9M through 2032.Note: there are no guarantees here, but if you efficiently solve problems in a giant market, the money can flow quickly.Initial distribution and off-take is readyWe will initially start where we left off, selling out of whole and live prawns to restaurants and home chefs.Initial markets will be Los Angeles and San Diego, then Las Vegas and Central to Northern California. There are 30 million residents within a 350-mile radius of the first farm, and over 100 million visitors to this region annually.Planned growth into flash frozen \u0026amp; valued-added productsThe market for whole fresh shrimp is large enough to take several thousand tons of product in current formats, but eventual growth into the $12B market will include these products and strategies:Flash frozen whole shrimpFresh and flash frozen tailsShrimp bisque \u0026amp; Stocks made from heads and shellsPartner with popular chef customers to co-brand a bisque/stockOnce operating, TransparentSea will pick up where it left off in 2024, with sales directly to restaurants and home cooks. That business alone is modeled to be highly profitable and production limited. But in order to make a dent in the global issues we have decided to attack, we will need to grow and reach more customers both across new markets and within our existing region.After starting with a singular focus on what worked at the pilot: fresh, local whole shrimp, we will mindfully begin to roll out a few simple new products. For chefs and home cooks who value convenience, we'll begin offering fresh tails only. Being a no-waste company and understanding that most of the flavor is in the shrimp heads, we'll use the 'waste' heads to make a ready-to-eat shrimp bisque and concentrated stock. We may consider leveraging our relationships with some top chefs that have made their careers from sourcing the best ingredients and creating the best flavors, to best market this in retail markets. Another win, win.To extend shelf-life for easier distribution, our original investors have invested in a tunnel freezer system, capable of taking the animals from live harvest to deep freeze in 3 minutes. Professional taste tests have shown that these 'live-frozen' prawns score even better than 2-3 day old never frozen shrimp. While the perception of fresh and frozen is driving decision-making in the marketplace, we will now be armed with the tools to help our customers succeed and ease the pressure of under or over-ordering by diversifying our offerings to them.Live Sales provides a high-growth market and safety valve to sell any additional productionLarge chain live wet market retailers like H-Mart and 99 Ranch have sampled and trialed products with their customers. 99 Ranch purchased live prawns for $16-20/lb.These chains alone have 60 grocery stores in the state. We have worked on a trial basis with other, independent live chains as well.All told, live seafood market customers own nearly 80 stores in the Southwestern US and can sell hundreds of pounds a week at each store. While they are willing to pay slightly less per pound, live marketers buy in bulk and take unsorted, unprocessed shrimp which saves on ice, labor and packaging. With the new cost of production, this will be a consistently profitable outlet when we choose to approach it.What else can we grow?Investors often ask: what else can you grow with TransparentSea's land based technology? Of course we could make changes to suit other species, say fish for example, but it doesn't make the most sense to grow shrimp and fish when aiming for minimal impact production. Here's why:At the end of the day we are all about understanding and mimicking Mother Nature, harnessing the power of self-balancing natural aquatic systems. These systems have different trophic levels, or steps in a food chain. As an organic way to recycle 100% of our water in shrimp culture, we expand into different steps in the food chain, turning one's outputs into another step's inputs. We start with an omnivore (shrimp) and then grow plants like sea vegetables. These in turn are fed to herbivores like shrimp and sea urchins. (It just so happens that purple urchins are devastating the Pacific ocean kelp forests, so we'll be fighting another critical environmental problem there too). These secondary crops scrub excess nutrients from the water and will be the profitable frosting on top of the shrimp-cake, if you will.While it might seem complicated, it's all about understanding and harnessing the science. The closer we get to copying nature, the lower our impact gets and more profitable sales can be. At TransparentSea, we have a unique opportunity to make money AND change a flawed industry.The TeamSteve Sutton grew up as an avid fisher in upstate New York, working as a fisherman and fisheries biologist, eventually pursuing a master's degree in aquaculture.He then spent nearly a decade managing aquaculture farms overseas, where he witnessed the environmental destruction, fraud, and chemical use affecting much of the shrimp consumed in America today.Frustrated by these revelations, Steve returned with a mission to change the way seafood is consumed. He got together with some people who felt the same way and decided to name the company “TransparentSea” to enable consumers to know exactly what they are eating and where it comes from.Doug Ernst was a professor at Oregon State, a tilapia and vegetable farmer in the Bahamas, a shrimp farm engineer and operator in 3 countries and much more. Beyond being a top-shelf scientist, he's learned how to grow shrimp indoors the hard way... by doing it for 20 years and taking terabytes of notes along the way.Gift has operated multiple farms, including the pilot. He now designs facilities like TransparentSea 2.0 and will train our future operations manager.Andrew is an early investor and believer in the business, who has helped us navigate the world of finance and deal structure that allowed us to get out of the gate and stay compliant.Our modest team is positioned to grow, but make no mistake... we have looked every part of this business in the eye and seen where things can go right or wrong. We've pursued our careers from a want to make a difference in the world of seafood production, not a thirst for money. While fancy titles are nice, a team that knows exactly what to expect is more valuable to us. Each of us has experienced sleepless nights and thankless long days, and we're positioned to scale this thing in California and beyond with the right capital partners.We have already have candidates in mind for our farm management, hatchery management, sales, and future expansion roles. These key roles will carefully filled and invited to earn ownership in the company over time.","location":"Campo, CA","website":"https://www.transparentseafarm.com/","total_amount_raised":0,"total_investors":0,"is_funded":false,"is_active":false,"quality_score":3,"related_urls":["https://wefunder.com/transparentsea.farm","https://www.transparentseafarm.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/132468/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/132468/large_blob","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/132468/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/132468/standard_blob.jpg"},"links":{"company_url":"https://www.transparentseafarm.com/","linkedin_url":"https://linkedin.com/company/transparentseafarm","facebook_url":"https://facebook.com/TransparentSeaFarm/","instagram_url":"https://instagram.com/transparentseafarm","youtube_url":"https://youtube.com/transparentsea1757"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"$1.5 million of prawns grown and sold from 2021-2024, with $0 spent on marketing."},{"index":2,"claim_id":"claim-fact-2","value":"Michelin-starred chef customers included Providence, Holbox, Kali, Rustic Canyon and others."},{"index":3,"claim_id":"claim-fact-3","value":"Achieved \u0026gt;99.8% water reuse at pilot. Zero discharge planned for commercial site."},{"index":4,"claim_id":"claim-fact-4","value":"100% sell-through at premium prices ($18-$28/pound)."},{"index":5,"claim_id":"claim-fact-5","value":"Acquired 160 acre ranch with most infrastructure in place. Positioned to scale and diversify."},{"index":6,"claim_id":"claim-fact-6","value":"Substantial barrier to entry due to decades of commercial scale research and development."},{"index":7,"claim_id":"claim-fact-7","value":"Featured by Eater, The Economist, Business Insider, LA Times, NPR \u0026amp; more."},{"index":8,"claim_id":"claim-fact-8","value":"Completed successful live-sales trials at large Asian grocery chains."}],"team":[{"id":3439787,"entity_id":"wefunder:company_role:3439787","user_entity_id":"wefunder:user:2857857","role":"founder","name":"Steve Sutton","title":"Founder \u0026 CEO","bio":"Masters in Aquaculture and 15+ years of global aquaculture and seafood experience. Steve built much of the pilot farm in Downey with his bare hands, and managed every success and challenge of the business personally. This is his life's work.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3439787/square_blob.jpg?1776444438","profile_url":"https://wefunder.com/steve.sutton","linkedin_url":"https://www.linkedin.com/in/steve-sutton-4172b19/","related_urls":["https://wefunder.com/steve.sutton"]},{"id":6504195,"entity_id":"wefunder:company_role:6504195","user_entity_id":"wefunder:user:4932177","role":"employee","name":"Doug Ernst","title":"CTO \u0026 Co-Founding Engineer","bio":"40+ Years in aquaculture: -4-time commercial indoor shrimp farm engineer -Retired university professor from Oregon State -","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/6504195/square_blob.jpg?1776444438","profile_url":"https://wefunder.com/doug.ernst","related_urls":["https://wefunder.com/doug.ernst"]},{"id":6504196,"entity_id":"wefunder:company_role:6504196","role":"employee","name":"Gift Mitrananda","title":"Project and Operations Engineer","bio":"9 years in aquaculture including: - 3 years as Operations Manager at TransparentSea pilot","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/6504196/square_blob.jpg?1776444438","related_urls":[]}],"featured_investors":[{"id":12614,"entity_id":"wefunder:company_investor_profile:12614","investor_profile_id":4419734,"investor_profile_entity_id":"wefunder:investor_profile:4419734","subject_entity_id":"wefunder:notable_investor:16471","name":"HATCH Blue ","role_title":"Managing Partner","bio":"Global Aquaculture and Next Generation Farming Fund","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6ODI4Nzc3LCJwdXIiOiJibG9iX2lkIn19--e42e3aa420f259d63b272bb2e1c50a38d85ac00b/filename","profile_url":"https://wefunder.com/hatch.blue.","endorsement_quote":"\"Most promising and cost effective indoor shrimp farming system we have found after reviewing companies from around the world.\"","endorsement_name":"Carsten Krome","investment_total":350000,"investment_info":"Invested $175,000 this round \u0026 $175,000 previously","is_lead_investor":false,"memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/hatch.blue."]},{"id":13463,"entity_id":"wefunder:company_investor_profile:13463","investor_profile_id":4595237,"investor_profile_entity_id":"wefunder:investor_profile:4595237","subject_entity_id":"wefunder:notable_investor:17473","name":"Terminus Ventures","role_title":"","bio":"Family Office","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png","profile_url":"https://wefunder.com/terminus.ventures","endorsement_name":"","investment_total":500000,"investment_info":"Invested $500,000 this round","is_lead_investor":false,"related_urls":["https://wefunder.com/terminus.ventures"]},{"id":13464,"entity_id":"wefunder:company_investor_profile:13464","investor_profile_id":4595245,"investor_profile_entity_id":"wefunder:investor_profile:4595245","subject_entity_id":"wefunder:notable_investor:17474","name":"Kinderhook Partners","role_title":"","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png","profile_url":"https://wefunder.com/kinderhook.partners","endorsement_name":"","is_lead_investor":false,"related_urls":["https://wefunder.com/kinderhook.partners"]}],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":5,"featured_investors":3,"faq_entries":5},"active_fundraises":[{"id":82318,"entity_id":"wefunder:fundraise:82318","state":"open","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":1200000.0,"minimum_target":"50000.0","maximum_target":"1200000.0","funding_started_at":"2023-03-06T07:00:58Z"}],"latest_fundraise":{"id":82318,"entity_id":"wefunder:fundraise:82318","state":"open","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":true,"funding_started_at":"2023-03-06T07:00:58Z","funding_closed_at":null,"terms":{"eb":null,"nb":"$12M","txt":"pre-money valuation"}},"recent_posts":[],"q_and_a":[{"id":322256,"entity_id":"wefunder:comment:322256","question":"Will there be additional investor perks down the road? For example, a better chance to purchase shrimp when they become inevitably popular and sold out :)","author_name":"Amy K","votes":0,"created_at":"2026-01-02T23:46:36Z","canonical_url":"https://wefunder.com/transparentsea.farm#question-322256","answers":[{"id":322257,"entity_id":"wefunder:comment:322257","answer":"Great suggestion and love the optimism! I've just added a perk!","author_name":"Steve Sutton","votes":1,"created_at":"2026-01-03T00:47:32Z"}]},{"id":322255,"entity_id":"wefunder:comment:322255","question":"Do you have an ETA on when the new facility will become operational?","author_name":"Amy K","votes":0,"created_at":"2026-01-02T23:41:48Z","canonical_url":"https://wefunder.com/transparentsea.farm#question-322255","answers":[{"id":322258,"entity_id":"wefunder:comment:322258","answer":"As soon as we close the fundraising round, likely in Spring 2026, we should be operational in 12 months with a hatchery and some production. We expect to be at full production and cash flow positive in 18 months from the close of the round.","author_name":"Steve Sutton","votes":1,"created_at":"2026-01-03T00:48:56Z"}]},{"id":322245,"entity_id":"wefunder:comment:322245","question":"Since soft launching this before Christmas, I've received quite a few questions and some really great feedback. For those of you reserved or in the process, thank you, and feel free to share with your networks! For those considering it, please feel free to ask a question here or schedule a time to talk it over with me. Here is one fairly obvious question that I have received: \"Other than the valuation, what are the terms of my investment?\" Answer: We are conducting a private fundraise off the WeFunder platform with accredited investors that will be writing checks larger than $50k. Rather than commit to terms now, I am choosing to finalize conversations with these larger investors first, so that we can ensure that you all get the best possible terms. An update will be posted here, and documents will be drawn up by legal professionals prior to finalizing your investment. Overall, your investment dollars will buy shares in a pro-rata fashion. While they are not going to include voting rights in the company decision-making, they will include a preferred payback time frame, such that newer investors are paid back their investment dollars at a different rate than our earlier investors.","author_name":"Steve Sutton","votes":0,"created_at":"2026-01-02T21:50:30Z","canonical_url":"https://wefunder.com/transparentsea.farm#question-322245","answers":[{"id":331311,"entity_id":"wefunder:comment:331311","answer":"Update: The terms are now set and being drawn up!","author_name":"Steve Sutton","votes":0,"created_at":"2026-04-17T17:34:12Z"}]},{"id":321368,"entity_id":"wefunder:comment:321368","question":"Is there a cost associated with investing via the WeFunder platform?","author_name":"Matt DeLorenzo","votes":0,"created_at":"2025-12-17T18:35:34Z","canonical_url":"https://wefunder.com/transparentsea.farm#question-321368","answers":[{"id":321471,"entity_id":"wefunder:comment:321471","answer":"Thanks for the question. Short answer: There is a small one-time fee for investors. Use ACH or wire for lowest charges. Long answer from WeFunder: \"For payments made by bank ACH or wires, Wefunder charges investors a transaction fee of 2%, with a minimum of $8 and a max of $150. For credit cards, Apple Pay, or Google Pay, Wefunder charges a 5.5% fee + $2, with a minimum of $10 and no maximum - per transaction (if you increase your investment, the fee structure starts over). Our VIP members get 20% off of transaction fees. Fees are one-time and are not reoccurring.\"","author_name":"Steve Sutton","votes":0,"created_at":"2025-12-19T02:57:16Z"}]},{"id":321277,"entity_id":"wefunder:comment:321277","question":"Could you summarize a few things you are doing differently at the new plant versus at Downey, and how they'll improve operations?","author_name":"Benjamin H","votes":0,"created_at":"2025-12-15T22:46:40Z","canonical_url":"https://wefunder.com/transparentsea.farm#question-321277","answers":[{"id":321281,"entity_id":"wefunder:comment:321281","answer":"I was hoping someone would ask this! The proof of concept farm in an old LA warehouse was a real success in proving that our technology works consistently, and that there is a hungry market for our products. That said, there are low hanging fruits that we intend to pick right away at the new, spacious farm site in Campo: 1. Reduce labor through automation. Feeding and harvesting will be automated on day 1, which involves investment in industry-standard equipment. Nothing risky or experimental. Data recording and analysis will also be automated by sensors and computer processing to save time, money and give quick, consistent monitoring to our decision-makers. Good farming is about repetitive execution, and leaning into the advances in computing and sensing technology helps to achieve that. 2. Reducing reliance on others with our own small hatchery. Our 'Achilles heel' at the pilot was inconsistent, and low-quality baby shrimp supply. Instead of 12 day-old shrimp being chilled, starved and shipped across country on random dates, we will be growing them in the barn that is already on the farm. The hatchery will reduce risk, reduce early mortality rates and increase throughput of the farm by an estimated 20% above the best days in Downey. Instead of stocking whatever comes in a Fedex box, we will be able to hand select the best of the best seedstock to be grown on our farm. We have acquired 90% of this equipment already and our team has years of operational hatchery knowledge. 3. Automate Harvest, Sorting, Chill Dispatch \u0026amp; Individually Quick Freeze (IQF). Through the use of underground harvest pipes and custom design, we are cutting harvest labor in half right away. Post harvest, we are introducing semi-automatic sorting equipment, a chiller for dispatching animals humanely and with high quality control, and a tunnel freezer as a way to extend shelf life while preserving our famous sashimi-grade quality. All of this equipment has been sized, selected and acquired. Again, none of this is experimental, but is a logical next step in commercialization of a modern shrimp farm. There are more improvements coming down the road, but we want to start with these most impactful and certain changes to our operations. Best, Steve.","author_name":"Steve Sutton","votes":0,"created_at":"2025-12-15T23:53:07Z"}]}],"faq":[{"question":"Could you summarize a few things you are doing differently at the new plant versus at Downey, and how they'll improve operations?","answer":"I was hoping someone would ask this! The proof of concept farm in an old LA warehouse was a real success in proving that our technology works consistently, and that there is a hungry market for our products. That said, there are low hanging fruits that we intend to pick right away at the new, spacious farm site in Campo: 1. Reduce labor through automation. Feeding and harvesting will be automated on day 1, which involves investment in industry-standard equipment. Nothing risky or experimental..."},{"question":"Is there a cost associated with investing via the WeFunder platform?","answer":"Thanks for the question. Short answer: There is a small one-time fee for investors. Use ACH or wire for lowest charges. Long answer from WeFunder: \"For payments made by bank ACH or wires, Wefunder charges investors a transaction fee of 2%, with a minimum of $8 and a max of $150. For credit cards, Apple Pay, or Google Pay, Wefunder charges a 5.5% fee + $2, with a minimum of $10 and no maximum - per transaction (if you increase your investment, the fee structure starts over). Our VIP members ge..."},{"question":"Since soft launching this before Christmas, I've received quite a few questions and some really great feedback. For those of you reserved or in the process, thank you, and feel free to share with your networks! For those considering it, please feel free to ask a question here ...","answer":"Update: The terms are now set and being drawn up!"},{"question":"Do you have an ETA on when the new facility will become operational?","answer":"As soon as we close the fundraising round, likely in Spring 2026, we should be operational in 12 months with a hatchery and some production. We expect to be at full production and cash flow positive in 18 months from the close of the round."},{"question":"Will there be additional investor perks down the road? For example, a better chance to purchase shrimp when they become inevitably popular and sold out :)","answer":"Great suggestion and love the optimism! I've just added a perk!"}]}}}