This is the most low-tech
business proposal ever:
Cod swim-bladder = Fishmaw

Sea Venture was initiated to help reduce seafood waste and loss.

In doing so, Sea Venture has exported a total of ~60 metric tons Fish Maw to Hong Kong between 2017 and 2021, generating USD 4.6M in total revenue, without even spending a cent in marketing.

 

This is our proof of concept. Now, we want to upscale the production

Sustainable production

Sea Venture purchases cod backbones from controlled and well managed fisheries and MSC certified processors, where control and enforcement provide for sustainable production

High quality

Fish maw from cod is regarded to have high quality, explaining that our implied realized sales price is on average at +6% premium over Hong Kong average import prices.

Environmentally friendly

Processing backbones and fish maw, means that every part of the cod is being fully utilized. Showcasing our mission to help reduce seafood waste and loss.

What is Fishmaw

Fish maw is the dried swim bladders that come from large fish like Atlantic cod and other white species. In Asian culture, it is considered to be one of the top four delicacies of the sea. In appearance, dried fish maw is light, white in color, and have a spongy texture.

Dried fishmaw has no distinct taste and flavor, which makes it a good complementary addition to many dishes since it can absorb the flavors of other ingredients it is cooked with. Fish Maw is a mature, traditional product in Chinese cooking with stable demand.

Invest with us

Having established proof of concept, and generated revenue from customers, Sea Venture is seeking investors to finance growth and expansion. We offer 50% ownership for USD 6 million.
Download full prospectus here

Get in contact with us

CEO
Jostein Kåre Angell
Chair
Johan Jørgen Koch