US-based land-based salmon farmer Finger Lakes Fish, which does business under the LocalCoho name, has reached its initial fundraising goal on the Harvest Returns crowdfunding platform, which facilitates capital raises for small to medium-sized farmers and ranchers.
LocalCoho is developing an indoor salmon farm in upstate New York, and is seeking up to $3.15 million (€2.6 million) in fresh capital in exchange for approximately 21 percent equity in the company.
This current offering required a minimum raise of $540,000 (€454,351) by April 2.
