Coral Vita
Issuer: Coral Vita
Coral Vita
Coral Vita

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Coral Vita
Issuer: Coral Vita

What we do:

Coral Vita is a reef restoration company that grows resilient corals at scale to restore threatened reefs. Our services provide clients with the ability to protect valuable assets threatened by global coral reef decline. Reefs are dying around the world. 50% are dead and over 90% on track to die by 2050. This ecological tragedy is also a serious socio-economic problem, as reefs sustain 25% of marine life and one billion people while generating $30 billion annually through tourism, fisheries, and coastal protection. Coral Vita sells reef restoration as a service to the tourism and re-insurance industries, governments, developers, and other customers whose missions, livelihoods, and revenue streams depend upon healthy reefs.

How we do it:

We use the scientifically-proven process of coral farming in a scalable land-based farming model. Coral Vita integrates breakthrough cultivation methods developed by our advisors to accelerate coral growth up to 50x[1] while enhancing their resiliency to the warming and acidifying ocean conditions that threaten their survival.[2] And by commercializing restoration, we are developing sustainable financing streams to support needed large-scale restoration.

Coral farming has been shown capable of reviving the health and ecosystem services of reefs, quickly attracting more marine wildlife to the restored area. Existing restoration practitioners, however, typically grow their corals in ocean-based farms that are limited in accelerating coral growth or meaningfully enhancing their resiliency to climate change. In addition to growing faster and stronger corals, our model allow us to significantly improve cost-effectiveness, raise a wider range of critical coral species than traditional restoration projects, and not be reliant on limited grant-and donation-funding that doesn’t scale.

Our land-based farms can be built to service the needs of all customers dependent on healthy reefs and scaled to supply restoration projects of any size. In addition to providing corals for restoration and mitigation purposes, Coral Vita’s farms function as revenue-generation tourism attractions and education centers, where visitors can learn about what’s happening to reefs, why it matters, and then participate in the restoration process. As well, we take a community-based approach by integrating local stakeholders through education and job opportunities to promote long-term reef stewardship

Near-term goals:

Coral Vita has raised $1.4M out of $2M to finance the expansion of our first coral farm in Freeport, Grand Bahama. Launched in partnership with the Grand Bahama Port Authority with support from the Government of The Bahamas, it will become the largest coral farm in the world. After proving out the ecological and commercial viability of large-scale restoration, we’ll raise a Series A round as we start launching a global network of giga farms to help preserve coral reefs for future generations.

Learn more in Vice News, Virgin, CNN, their deck, or contact founders the company’s founders Sam Teicher and Gator Halpern


[1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4614846/

[2] http://www.pnas.org/content/112/8/2307

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Launched the world's first commercial land-based coral farm for reef restoration in Grand Bahama in 2019. Partnered with the Grand Bahama Port Authority and supported by the Government of The Bahamas.

Previously raised $1.6M from investors together with $550k in grants, prizes, and fellowships to launch pilot farm. Secured $1.4M out of existing $2M round.

Accepted into prestigious social entrepreneurship programs like Echoing Green, the Halcyon Incubator, the JMK Innovation Prize, and the Yale Entrepreneurial Institute.

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