# Smolt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smolt

- Industry: Agribusiness
- Headquarters: Miyazaki, Japan
- Website: www.smolt.co.jp
- Total disclosed funding: $0.5M
- Latest round: Series A (Sep 15, 2022)
- Investors on record: 5

## About

Founded in 2019 and based in Miyazaki, Japan, Smolt, Inc. operates as an aquaculture company specializing in the breeding and production of high-temperature resistant salmon fry, particularly the Sakuramasu variety. Smolt, Inc. focuses on the innovative aquaculture sector, particularly through the breeding of resilient salmon fry. The company has completed 3 deals, with the most recent being a Pre-Series A funding round on September 28, 2026, in which they raised JPY 200 million led by mint, with participation from other  investors Samurai Incubate, ANOBAKA and Chugin Capital Partners. Smolt, Inc. specializes in the breeding and production of high-temperature resistant salmon fry, specifically the Sakuramasu variety, through proprietary technologies developed in collaboration with Miyazaki University. Their core offerings focus on developing resilient strains that thrive in variable freshwater and seawater environments, addressing the challenges posed by climate change. The flagship product, branded "Smolt Seed," caters to aquaculture farms and fisheries, promoting sustainable practices. The "FISH FARM SAKURA" brand reflects the company's commitment to environmental sustainability, offering a premium product that mirrors the natural habitat of the Sakuramasu. Smolt, Inc. operates a B2B revenue model, providing innovative salmon fry to aquaculture businesses and fisheries focused on sustainability. They engage in direct purchasing agreements for their Smolt Seed and related products tailored to specific farming needs. While specific pricing is undisclosed, their competitive positioning in the market allows them to meet the diverse requirements of aquaculture operations, aligning with the demand for sustainable seafood. In September 2026, Smolt, Inc. raised JPY 200 million in Pre- Series A funding led by mint, with participation from other investors Samurai Incubate, ANOBAKA and Chugin Capital Partners.
The company plans to use the September 2026 funding to strengthen collaboration with fisheries businesses nationwide and expand the development and production capacity of its high-temperature-resistant cherry salmon and salmon roe products.

## Funding rounds

- Series A, Sep 15, 2022, $0.5M — Miyazaki Taiyo Capital, GxPartners, SAZABY LEAGUE,Ltd, Miyazaki Telecasting
- Seed, Dec 19, 2019 — Miyagin Venture Capital, GxPartners

## Investors

- Miyagin Venture Capital (https://capitalatlas.ai/funds/miyagin-venture-capital) — Seed
- GxPartners (https://capitalatlas.ai/funds/gxpartners) — Seed, Series A
- Miyazaki Taiyo Capital (https://capitalatlas.ai/funds/miyazaki-taiyo-capital) — Series A
- SAZABY LEAGUE,Ltd — Series A
- Miyazaki Telecasting — Series A