Business is booming for shrimp technology start-ups
News Highlights: Business is booming for shrimp technology start-ups
The Canadian company has hired financial industry veteran Katie Sokalsky as president and COO. She’s in XpertSea following the successful launch of its data-driven marketplace and financial services in Ecuador, with more than 10 million pounds of shrimp traded in less than 10 months, 50 percent month-over-month increase in new ponds registered on the trading platform, and 10x revenue growth from Q1 until Q4 2020.
Formerly responsible for all new product and retail transformation at Scotiabank, one of Canada’s largest banks, Sokalsky has been hired to accelerate XpertSea’s rapid growth in Latin America and expand the company’s business model to Southeast Asia and India to support.
Innovation & Investment Monday, 14 December 2020 Lauren Kramer
XpertSea’s newest machine-learning product digitizes marketplace to help producers compete – and be compensated – fairly
Using smartphone photos, XpertSea’s mobile app produces data farmers can share with buyers, facilitating transactions. Photo courtesy of XpertSea.
When Quebec, Canada-based XpertSea introduced its new, artificial intelligence-powered smartphone mobile app at Ecuador’s Aqua Expo last month, the company’s booth was inundated with dignitaries, journalists and farmers. The minister of foreign affairs attended with the vice-minister of environment and the president