# Coral Vita: Environmental services, Freeport, Bahamas

> Coral Vita: Coral Vita is a mission-driven company based in the U.S. Based in Freeport, Bahamas. Founded 2015.

Source: https://millionrounds.com/startup/coral-vita (Millionrounds; every figure on the page links to its filing or article)

Bahamas · [Environmental services startup](https://millionrounds.com/companies)

# Coral Vita

Coral Vita is a mission-driven company based in the U.S.

Funding reported Last round: Grant

Environmental services Freeport, Bahamas

Company summary

- **Founded:** 2015 11 years old
- **Team:** 36 11 to 50 people
- **Funding reported:** 2M as listed, currency not stated
- **Last round:** Grant Oct 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Coral Vita has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Coral Vita

Coral Vita is a mission-driven company based in the U.S.

that focuses on combating coral reef degradation through innovative land-based coral farming. Founded in 2015 by Sam Teicher and Gator Halpern, Coral Vita operates the world’s first commercial land-based coral farm in Freeport, Grand Bahama. The company aims to restore dying reefs by cultivating climate-resilient coral species that grow significantly faster than natural rates. The primary service offered by Coral Vita is coral restoration, which includes the cultivation of diverse coral species and their transplantation into degraded reef sites. They utilize advanced aquaculture systems and proprietary technologies to enhance survival rates of out-planted corals. Additionally, their facility serves as an educational hub and eco-tourism site, contributing to local workforce development. Coral Vita collaborates with various clients, including hotels, cruise lines, governments, and coastal communities, all of whom benefit from healthy reef ecosystems.

## What company datasets say Coral Vita raised

Funding, as reported

Reported in all **2M** in the source's currency

Rounds **5**

Last round **Grant**

Last round size **8M**

Last round date **Oct 2023**

Investors listed **12**

## Founders and team

From Coral Vita's own website: 2 founders, 20 on the team.

**Gator Halpern** Co-Founder & President

**Sam Teicher** Co-Founder & Chief Reef Officer

- **Austin Martin** Chief Operations Officer
- **Chance Lane** Head of Engineering
- **Dr Eleonora Re** Head of Restoration Science for the MENA region
- **Amir Matouk** Director of Aquaculture Operations
- **Andrew McCall** Data Engineer and Analyst
- **Antonio Fojo** Farm Assistant General Manager
- **Ashley Wallis** Lab Manager
- **Dr. Katelyn Gould** Director of Restoration Science
- **Eliana Burrows** Team Lead
- **Emma Hyman** Brand Manager
- **Jennifer Moore** Director of Conservation
- **Joe Oliver** Director of Restoration Operations
- **Kristen Johnson** Assistant General Manager.
- **Mar Padial** Farm General Manager
- **Oshiko Riley** Team Lead
- **Rod Ochoa** Director of Systems Automation
- **Sam Wright** Senior Director of Operations
- **Simon Dixon** Farm General Manager

And 2 more on the team.

## On 5 portfolio pages

Investors who name them

- [2050](https://millionrounds.com/fund/2050)
- [Masa Impact](https://millionrounds.com/fund/masa-impact)
- [Kayak Ventures](https://millionrounds.com/fund/kayak-ventures)
- [Symbiotic Projects](https://millionrounds.com/fund/symbiotic-projects)
- [Investors for Climate](https://millionrounds.com/fund/investors-for-climate)

Each firm lists Coral Vita on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

coral propagation consumers distribution coral breeding coral farming techniques coral resiliency training coral species diversity enhancement education information technology & services marine institute partnerships coral growth acceleration coral reef mitigation solutions assisted evolution environmental services marine ecosystem health coral farm education centers

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- **Sector:** Environmental services
- **Industry code:** NAICS 61131, 112519, 541620
- **Region:** Freeport
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/coral-vita)

## Is this your company?

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