LIHUE — A local cattle company that operates with 1,500 mama cows on the island recently received a six-figure investment from a Hawaii-based venture capital fund.
EEx Fund One LLC, an independent investment corporation managing $3M in assets designed to support Energy Excelerator programs, invested $300,000 to Kunoa Cattle Company in order to promote more local beef production and reduce the state’s reliance on imported meats.
“With this additional support we can do more to create an authentic local food system, with healthier land, animals and food,” said Kunoa co-founder Bobby Farias, who was recently named Cleantech & Agriculture Entrepreneur of the Year by the Hawaii Venture Capital Association.
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