Announces Strategic Investment in American Unagi, Pioneering Sustainable Aquaculture
Summary
Located in rural Maine, this pioneering aquaculture company sells a range of live and value-add Unagi products to Michelin-star restaurants, other discerning consumers, and distributors throughout the United States.American Unagi is disrupting the traditional eel supply chain, from Maine to China, as it expands within the 5000 metric ton US market driven by consumers increasing demand for sustainable, traceable seafood. Operating in partnership with the local Passamaquoddy Tribe, and with the backing of RuralWorks, AU is well positioned to supply the escalating consumer demand for sustainably sourced, traceable seafood, notably within the fast-growing market for Japanese cuisine.With a strong focus on supporting local economies and preserving our environment, American Unagi leads the way in sustainable aquaculture, said Sara Rademaker, founder of American Unagi. Our collaboration with RuralWorks is an important piece in achieving these goals.RuralWorks, committed to investing in scalable rural businesses that generate quality jobs while addressing challenges posed by climate change, is excited about this new relationship. This investment aligns perfectly with our mission to help build local agriculture and food supply chains, create economic resilience within rural communities, and promote environmentally responsible solutions. Committed to offering traceable, environmentally responsible eel products, the company aims to disrupt traditional supply chains while meeting the rising demand for sustainable seafood.