A Kauai agriculture-related startup — Kunoa Cattle Co. — recently became a HI Growth portfolio company with its receipt of a $300,000 investment from EEX Fund One, a Hawaii-based venture capital fund in which HSDC is the largest investor alongside Hawaii corporations. The investment in Kunoa is a good example of how HI Growth helps entrepreneurs by mobilizing private capital for local startups.
EEX Fund One is an independent investment corporation managing $3 million in assets designed to support Elemental Excelerator (formerly known as Energy Excelerator) programs. The investment in Kunoa Cattle Co. will help promote more local beef production. The company currently has 1,500 cows on Kauai island.
Read more in the Garden Island.