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LocalCoho

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uuid0002mxi

Namestring
LocalCoho
Legal namestring
LocalCoho
Websiteurl
localcoho.com
Company typeenum
Private
Founded yearint
2016
Descriptiontext

LocalCoho is a U.S.-based land-based aquaculture company founded in 2016 that produces sustainable Coho salmon using Recirculating Aquaculture Systems (RAS) technology. The company operates from a pilot facility in Auburn, New York, in the Finger Lakes region, and is working to scale up harvest capacity, refine husbandry practices, and commercialize production for regional food markets seeking locally-produced, sustainable seafood with a reduced supply-chain footprint compared to ocean-based aquaculture or imported salmon.

The company's core technology is indoor RAS-based salmon farming, which enables year-round controlled production independent of ocean conditions and seasonal constraints, while reducing environmental impact relative to traditional net-pen aquaculture. LocalCoho has assembled a partner ecosystem to support commercialization: Peter Pan Seafood is a strategic partner helping refine sales, marketing, and expansion strategies; Cuna del Mar (with Harvest Returns participating) provided a multi-million-dollar impact investment in September 2023; and Empire State Development provided a $500,000 grant in April 2022. The company raised an $8,172,289 round disclosed on 2024-03-05 and is pursuing additional capital to fund expansion.

LocalCoho's go-to-market is sales-led, targeting regional food markets — particularly distributors, wholesalers, and buyers in New York and other U.S. regions — with B2B sales of Coho salmon. Revenue is generated through salmon product sales (effectively a commodity-agriculture hardware/product model), though pricing is not publicly disclosed and the company has not yet reached commercial-scale production. With 1-10 employees and pilot-stage operations, LocalCoho is in a pre-commercial to early-commercial phase, positioning itself as a regional, sustainability-branded alternative to imported or ocean-farmed salmon.

Short descriptiontext

LocalCoho is a U.S. land-based aquaculture company that uses Recirculating Aquaculture Systems (RAS) technology to produce sustainable Coho salmon at a pilot facility in Auburn, New York, targeting regional food markets with locally-farmed seafood.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersAuburn, United States
HQ citystring
Auburn
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
land-based aquaculture, salmon farming, recirculating aquaculture systems, sustainable seafood production, Coho salmon aquaculture
Industry3 codes
1Aquaculture Processing & On-Farm Value-Add (primary handling, icing, packing)
CodeAFAEAAANPrimaryYes
2Aquaculture Harvest, Processing & Packing (Farmed Finfish/Shellfish; On-Farm Plants)
CodeAFANADALPrimaryNo
3Primary Seafood Processing (Heading/Gutting/Deheading; Icing)
CodeAFANADAAPrimaryNo
NAICS code3 codes
  • Aquaculture1125
  • Aquaculture11251
  • Seafood Product Preparation and Packaging31171
SIC code1 code
  • Prepared Fresh Or Frozen Fish & Seafoods2092
Product category
Land-based Salmon Aquaculture
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Coho Salmon Sales
TypeHardware Sales
Description

Revenue generated from producing and selling locally-farmed Coho salmon. The company is scaling up harvest capacity and improving husbandry practices to increase production volume.

thefishsite.com
Cost components5 values
Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

LocalCoho operates a pilot indoor aquaculture facility in Auburn, New York, producing sustainable Coho salmon using Recirculating Aquaculture Systems (RAS) technology. The company sells locally-farmed Coho salmon to regional food markets and distribution partners, with a goal of commercializing and expanding land-based salmon production across additional U.S. regions.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

LocalCoho is a land-based aquaculture company specializing in the production of sustainable, local Coho salmon using Recirculating Aquaculture Systems (RAS) technology. The company operates from its pilot facility in Auburn, New York (Finger Lakes region) and is expanding its operations to other U.S. regions.

Product and service1 record
1Land-based Coho Salmon
CategoryAquaculture / Sustainable Seafood
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Peter Pan Seafood
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Peter Pan Seafood is a strategic partner helping LocalCoho refine expansion, sales, and marketing strategies. The partnership leverages industry veteran experience to support the company's growth and commercialization efforts in the salmon aquaculture market.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
1Salmon Evolution
TypeEmerging player
Description

Salmon Evolution is building a large land-based RAS Atlantic salmon facility in Norway using a hybrid flow-through/RAS system, comparable in approach to LocalCoho's indoor farming model.

2Kingfish Zeeland
TypeEmerging player
Description

Kingfish Zeeland operates a land-based RAS yellowtail farm in the Netherlands, an emerging player in land-based finfish aquaculture with comparable technology stack to LocalCoho.

3Atlantic Sapphire
TypeDirect peer
Description

Atlantic Sapphire operates large-scale land-based RAS salmon facilities (notably in Florida and Denmark), making it a direct peer in the land-based Coho/Atlantic salmon farming category targeting the U.S. market.

4AquaBounty Technologies
TypeEmerging player
Description

AquaBounty uses land-based RAS to grow genetically engineered salmon; while species and IP differ, it is a relevant peer in commercial land-based salmon production technology and regulatory pathways.

5Pure Salmon
TypeDirect peer
Description

Pure Salmon develops global land-based RAS salmon farms and is a direct peer in commercial-scale land-based salmon production, sharing the same technology and target market as LocalCoho.

6Andfjord Salmon
TypeEmerging player
Description

Andfjord Salmon uses flow-through technology in Norway to produce land-based salmon, a thematically comparable approach to LocalCoho's land-based Coho salmon production.

7Mowi
TypeBroad incumbent
Description

Mowi is the world's largest Atlantic salmon producer with a broad portfolio spanning ocean-based farming, processing, and sales; it represents the incumbent competitive backdrop for land-based RAS entrants like LocalCoho.

8Sustainable Blue
TypeDirect peer
Description

Sustainable Blue operates a land-based RAS salmon facility in Nova Scotia, Canada, and is a direct peer in indoor, land-based salmon production for the North American market.

9Whole Oceans
TypeDirect peer
Description

Whole Oceans is a U.S.-based land-based RAS Atlantic salmon developer (Maine), directly comparable to LocalCoho in pursuing commercial-scale indoor salmon farming for North American markets.

10Peter Pan Seafood
TypeOthers
Description

Peter Pan Seafood is a major U.S. seafood processor/distributor and a strategic partner of LocalCoho, making it a relevant adjacent peer for go-to-market, distribution, and customer access benchmarking.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds7 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors3 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

LocalCoho

Land-based Salmon Aquaculturelocalcoho.com

LocalCoho is a U.S. land-based aquaculture company that uses Recirculating Aquaculture Systems (RAS) technology to produce sustainable Coho salmon at a pilot facility in Auburn, New York, targeting regional food markets with locally-farmed seafood.

What LocalCoho does

LocalCoho is a U.S.-based land-based aquaculture company founded in 2016 that produces sustainable Coho salmon using Recirculating Aquaculture Systems (RAS) technology. The company operates from a pilot facility in Auburn, New York, in the Finger Lakes region, and is working to scale up harvest capacity, refine husbandry practices, and commercialize production for regional food markets seeking locally-produced, sustainable seafood with a reduced supply-chain footprint compared to ocean-based aquaculture or imported salmon.

The company's core technology is indoor RAS-based salmon farming, which enables year-round controlled production independent of ocean conditions and seasonal constraints, while reducing environmental impact relative to traditional net-pen aquaculture. LocalCoho has assembled a partner ecosystem to support commercialization: Peter Pan Seafood is a strategic partner helping refine sales, marketing, and expansion strategies; Cuna del Mar (with Harvest Returns participating) provided a multi-million-dollar impact investment in September 2023; and Empire State Development provided a $500,000 grant in April 2022. The company raised an $8,172,289 round disclosed on 2024-03-05 and is pursuing additional capital to fund expansion.

LocalCoho's go-to-market is sales-led, targeting regional food markets — particularly distributors, wholesalers, and buyers in New York and other U.S. regions — with B2B sales of Coho salmon. Revenue is generated through salmon product sales (effectively a commodity-agriculture hardware/product model), though pricing is not publicly disclosed and the company has not yet reached commercial-scale production. With 1-10 employees and pilot-stage operations, LocalCoho is in a pre-commercial to early-commercial phase, positioning itself as a regional, sustainability-branded alternative to imported or ocean-farmed salmon.

LocalCoho firmographics

Firmographics
Name
LocalCoho
Legal name
LocalCoho
Website
https://localcoho.com
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
1–10 employees
Short description
LocalCoho is a U.S. land-based aquaculture company that uses Recirculating Aquaculture Systems (RAS) technology to produce sustainable Coho salmon at a pilot facility in Auburn, New York, targeting regional food markets with locally-farmed seafood.
Ownership category
akta.pro rank

LocalCoho industry classification

Industry
Product category
Land-based Salmon Aquaculture
NAICS
Aquaculture (1125), Aquaculture (11251), Seafood Product Preparation and Packaging (31171)
SIC
Prepared Fresh Or Frozen Fish & Seafoods (2092)
akta.pro primary industry
Aquaculture Processing & On-Farm Value-Add (primary handling, icing, packing) (AFAEAAAN)
akta.pro secondary industries
Aquaculture Harvest, Processing & Packing (Farmed Finfish/Shellfish; On-Farm Plants) (AFANADAL), Primary Seafood Processing (Heading/Gutting/Deheading; Icing) (AFANADAA)

Keywords

  • Land-based aquaculture
  • Salmon farming
  • Recirculating aquaculture systems
  • Sustainable seafood production
  • Coho salmon aquaculture

Where LocalCoho is headquartered

Location

Headquarters

HQ city
Auburn
HQ country
United States
HQ region
North America

Offices1 record

Markets served

LocalCoho business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D

Revenue model

  1. Coho Salmon Sales: Revenue generated from producing and selling locally-farmed Coho salmon. The company is scaling up harvest capacity and improving husbandry practices to increase production volume.

Go-to-market motion1 record

LocalCoho product offering

Product offering

Core offering

LocalCoho operates a pilot indoor aquaculture facility in Auburn, New York, producing sustainable Coho salmon using Recirculating Aquaculture Systems (RAS) technology. The company sells locally-farmed Coho salmon to regional food markets and distribution partners, with a goal of commercializing and expanding land-based salmon production across additional U.S. regions.

Product overview

LocalCoho is a land-based aquaculture company specializing in the production of sustainable, local Coho salmon using Recirculating Aquaculture Systems (RAS) technology. The company operates from its pilot facility in Auburn, New York (Finger Lakes region) and is expanding its operations to other U.S. regions.

Differentiator

Problem solved

Functional benefit

Products and services

  • Land-based Coho Salmon

Companies that use LocalCoho

Customer profile

Segments1 record

Ideal customer profiles1 record

LocalCoho technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

LocalCoho partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Peter Pan SeafoodcoreStrategic or Co-development PartnerPeter Pan Seafood is a strategic partner helping LocalCoho refine expansion, sales, and marketing strategies. The partnership leverages industry veteran experience to support the company's growth and commercialization efforts in the salmon aquaculture market.

Scale indicators3 records

Recent moves9 records

Expansion highlights4 records

LocalCoho competitors and assessment

Company assessment

Emerging players

  • Salmon Evolution: Salmon Evolution is building a large land-based RAS Atlantic salmon facility in Norway using a hybrid flow-through/RAS system, comparable in approach to LocalCoho's indoor farming model.
  • Kingfish Zeeland: Kingfish Zeeland operates a land-based RAS yellowtail farm in the Netherlands, an emerging player in land-based finfish aquaculture with comparable technology stack to LocalCoho.
  • AquaBounty Technologies: AquaBounty uses land-based RAS to grow genetically engineered salmon; while species and IP differ, it is a relevant peer in commercial land-based salmon production technology and regulatory pathways.
  • Andfjord Salmon: Andfjord Salmon uses flow-through technology in Norway to produce land-based salmon, a thematically comparable approach to LocalCoho's land-based Coho salmon production.

Direct peers

  • Atlantic Sapphire: Atlantic Sapphire operates large-scale land-based RAS salmon facilities (notably in Florida and Denmark), making it a direct peer in the land-based Coho/Atlantic salmon farming category targeting the U.S. market.
  • Pure Salmon: Pure Salmon develops global land-based RAS salmon farms and is a direct peer in commercial-scale land-based salmon production, sharing the same technology and target market as LocalCoho.
  • Sustainable Blue: Sustainable Blue operates a land-based RAS salmon facility in Nova Scotia, Canada, and is a direct peer in indoor, land-based salmon production for the North American market.
  • Whole Oceans: Whole Oceans is a U.S.-based land-based RAS Atlantic salmon developer (Maine), directly comparable to LocalCoho in pursuing commercial-scale indoor salmon farming for North American markets.

Broad incumbents

  • Mowi: Mowi is the world's largest Atlantic salmon producer with a broad portfolio spanning ocean-based farming, processing, and sales; it represents the incumbent competitive backdrop for land-based RAS entrants like LocalCoho.

Others

  • Peter Pan Seafood: Peter Pan Seafood is a major U.S. seafood processor/distributor and a strategic partner of LocalCoho, making it a relevant adjacent peer for go-to-market, distribution, and customer access benchmarking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

LocalCoho social profiles

Digital presence

LocalCoho financial estimates

Financial estimate

Revenue estimate

Valuation estimate

LocalCoho leadership team

Management profile

Number of profiles

Profiles1 record

LocalCoho funding detail

Funding detail

Funding overview

Funding rounds7 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

LocalCoho M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LocalCoho

What does LocalCoho do?

LocalCoho operates a pilot indoor aquaculture facility in Auburn, New York, producing sustainable Coho salmon using Recirculating Aquaculture Systems (RAS) technology. The company sells locally-farmed Coho salmon to regional food markets and distribution partners, with a goal of commercializing and expanding land-based salmon production across additional U.S. regions.

Is LocalCoho a public or private company?

LocalCoho is a private company. It is classified as venture growth investor backed and is currently operating.

When was LocalCoho founded?

LocalCoho was founded in 2016. It employs 1 to 10 people.

Where is LocalCoho based?

LocalCoho is headquartered in Auburn, United States, in the North America region.

How does LocalCoho make money?

One revenue line is on record: coho Salmon Sales.

Who are LocalCoho's main competitors?

Emerging players on record are Salmon Evolution, Kingfish Zeeland, AquaBounty Technologies and Andfjord Salmon. Direct peers are Atlantic Sapphire, Pure Salmon, Sustainable Blue and Whole Oceans. Mowi is listed as a broad incumbent. Peter Pan Seafood is listed as an others.

Does LocalCoho have an API?

No public API is recorded for LocalCoho.

What industry is LocalCoho in?

LocalCoho's product category is Land-based Salmon Aquaculture. Its primary akta.pro industry code is AFAEAAAN, Aquaculture Processing & On-Farm Value-Add (primary handling, icing, packing), with a secondary code of AFANADAL, Aquaculture Harvest, Processing & Packing (Farmed Finfish/Shellfish; On-Farm Plants). Its NAICS code is 1125 and its SIC code is 2092.

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Live signals
Undercurrent NewsUS land-based salmon producer secures 'significant' funding from Walton family-backed investorLocalCoho, a US land-based salmon producer based in New York, has secured a significant capital infusion from Cuna del Mar, an impact investment fund specializing in aquaculture. The funding is intended to support the company's operations and growth within the sustainable seafood sector.Perishable NewsLocalCoho Secures Major Investment from Cuna del Mar Impact FundLocalCoho has secured significant new funding from the Cuna del Mar Impact Fund to support the expansion of its indoor salmon farming operations in New York and potential growth into other U.S. regions. The investment aims to prepare the company for full-scale commercialization using Recirculated Aquaculture Systems (RAS) technology, following previous backing from Rodger May and a state grant.WEAREAQUACULTURENew American company, LocalCoho, receives substantial funding from Cuna del MarLocalCoho, a land-based aquaculture company based in New York, has secured significant new funding from impact investment fund Cuna del Mar to support its expansion plans. The investment will facilitate the scaling of pilot facilities in the Finger Lakes region and prepare for future growth into other U.S. markets like the Midwest. This follows previous investments from Rodger May's Peter Pan Seafood and a grant from NY Development, with LocalCoho aiming to raise an additional $4 million by the end of 2023.FinSMEsLocalCoho Secures Funding from Cuna del MarLocalCoho, an Auburn, NY-based aquaculture startup, has secured multi-million-dollar funding from Cuna del Mar to expand its pilot facility and plan further growth in the U.S. The company utilizes Recirculated Aquaculture Systems technology to raise Coho salmon indoors and currently supplies restaurants such as Nobu and Morimoto.PR NewswireLocalCoho Secures Major Investment from Cuna del Mar Impact FundLocalCoho, a land-based aquaculture startup, secured significant new funding from the Cuna del Mar Impact Fund to expand its indoor salmon farm in Upstate New York. This investment supports the company's preparation for full-scale commercialization and potential expansion into other U.S. regions using Recirculated Aquaculture Systems technology.SeafoodSourceNew York salmon RAS LocalCoho gets major investment from Cuna del MarAuburn, New York-based LocalCoho has secured a multi-million-dollar investment from aquaculture firm Cuna del Mar to expand its land-based salmon recirculating aquaculture system (RAS) facility. The funding will support the company's pilot operations in the Finger Lakes region as it prepares for full-scale commercialization and aims to raise an additional $4 million by the end of 2023.PR NewswireLocalCoho Partners with Tech Start-Up Shinkei Systems for Ethical Salmon HarvestingLocalCoho, a land-based Coho salmon farm, became the first commercial customer of Shinkei Systems, which uses robotics to automate fish harvesting. The company will start using the machine this month and sell salmon via FreshDirect. LocalCoho plans to expand harvest capacity with funding received in November 2022.SeafoodSourceLocalCoho gets marquee investments from Rodger May, Per HeggelundLocalCoho has secured a multimillion-dollar strategic investment from industry veterans Rodger May and Per Heggelund to expand its land-based salmon farming operations in Auburn, New York. The funding will support the final phase of construction at its existing facility, increasing harvest capacity to 240 metric tons annually ahead of a November launch with online grocer FreshDirect. This capital injection allows the company to pursue its regional growth strategy while leveraging the investors' extensive experience in the aquaculture sector.The Fish SiteLocalCoho raises millions from seafood entrepreneursLocalCoho has secured investment from seafood industry entrepreneurs, including May of Peter Pan Seafood and Michael Fabbro, to expand its harvest capacity and refine its sales strategy. The company's land-based salmon is already supplied to high-end restaurants like Nobu and will begin online sales through FreshDirect starting this month.PR NewswireNew York Salmon Start-Up LocalCoho Names New CEO, Receives State Development GrantLocalCoho appointed Michael Fabbro as its new CEO, succeeding Phil Gibson, while simultaneously receiving a $500,000 grant from the New York State Department of Economic Development. This funding supports the commercialization of its land-based Recirculated Aquaculture Systems (RAS) facilities in Auburn, New York. The leadership change and state support aim to accelerate LocalCoho's mission to provide sustainably-raised Coho salmon to the U.S. market.