Meet Circle Seafoods

Written by Reece Pacheco | Jan 18, 2024 5:00:00 AM

Circle Seafoods is rethinking the Alaskan salmon supply chain with ocean-going, blast-freezing barges.

Location: Aberdeen, WA, USA

How we met: Through mutual friends in our network.

Propeller theme: Ocean Organics

Propeller investment stage: Seed

The Circle team wants to create a win-win-win: fishers make more money, consumers get a better product, and GHG emissions are avoided. Circle is constructing processing and packaging barges efficiently, economically and thoughtfully designed for fisher-folk and the supply chain they rely on for income.

Why we love the founders – Pat, Eren and Charlie have an audacious, capital intensive vision. Their conviction and gritty approach have led them to find the capital, people and partners to achieve this vision. They have deep industry expertise, passion for the space, and climate undergirds their multifaceted story.
What’s novel about Circle’s tech – Circle expects to maintain and deliver to the customer the highest quality salmon by capturing it and maintaining it right out of the water.
Why we’re excited about this market – The wild Alaskan salmon fishery is among the best managed, and most lucrative in the globe. It is also rife with the challenges of decarbonization posed to fisheries in Alaska.
How impactful Circle could be – Circle ‘s method could be replicated around the world: less emissions, less waste, and a higher quality product for consumers.

Learn more about Circle Seafoods at https://circleseafoods.com/

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