Find XO: Opportunities and Challenges for Marine Startups (venturesquare.net)

- The marine fisheries startup market is projected to grow at an average annual rate of 5.5% from 2021 to 2028. - Although steady, the pace is not fast enough to overturn the industry within a few years. - To change even a single aquaculture farm requires equipment, licenses, and the trust of fishermen, none of which move as quickly as software. - Even though government support lowers entry costs, that does not necessarily create demand, so a long-term commitment to the field is essential.