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Shinkei Systems founder Saif Khawaja and Founders Fund partner Delian Asparouhov spoke at a TechCrunch StrictlyVC event in El Segundo.
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Shinkei Systems produces a robot called Poseidon that fishermen install on their boats.
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The Poseidon robot uses computer vision to scan fish, identify the species, and locate the brain.
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The Poseidon robot pierces the fish's brain and severs the gills.
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The Poseidon robot is an automated version of ike jime, a Japanese technique for killing fish.
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Shinkei Systems provides Poseidon machines to fishermen at no cost.
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Shinkei Systems pays fishermen a premium price for fish processed by the Poseidon robot.
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Shinkei Systems takes full possession of the fish rather than allowing fishermen to sell them on the open market.
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Shinkei Systems operates a 16,000-square-foot processing plant in Tacoma, Washington.
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Shinkei Systems sells processed fish under the consumer brand Seremoni.
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The grocery chain Erewhon sells Shinkei Systems fish as Seremoni Grade Miso Black Cod at its Manhattan Beach location.
Saif Khawaja, Shinkei Systems founder
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Saif Khawaja stated that Shinkei Systems supplies fish to restaurants holding a combined 50 Michelin stars.
Saif Khawaja, Shinkei Systems founder
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Saif Khawaja stated that Japan imports American-caught fish from Shinkei Systems into Japanese fish markets.
Saif Khawaja, Shinkei Systems founder
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Saif Khawaja stated that fish processed by Shinkei Systems can have a shelf life of 12 to 14 days, compared to a typical 5 to 7 days.
Saif Khawaja, Shinkei Systems founder
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Saif Khawaja stated that Shinkei Systems has cooked fish three weeks after catch without issue.
Saif Khawaja, Shinkei Systems founder
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Saif Khawaja estimated that roughly 18% of seafood product is lost to spoilage between the dock and the store.
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Shinkei Systems has developed an in-plant sensor system that scans fish to project an individual shelf life.
Delian Asparouhov, Founders Fund partner
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Delian Asparouhov stated that Founders Fund intentionally keeps its exposure to generic AI applications relatively low.
Delian Asparouhov, Founders Fund partner
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Delian Asparouhov stated that AI and defense sectors account for 15% to 20% of Founders Fund's deployed capital.
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Saif Khawaja grew up taking fishing trips with his family in the Middle East.
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Saif Khawaja developed the idea for Shinkei Systems after reading an essay titled "If Fish Could Scream."
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