The company appoints new Chair, Non-Executive Director and Senior Investment Manager The award-winning aquaculture technology company Ace Aquatec has secured an investment from Earth Capital Limited (ECL) to grow its current portfolio of products and markets. This is how the Dundee, United Kingdom (UK), based supplier of global aquaculture solutions has raised over GBP 10 million since its series A...
Falcon Bidco, an indirect wholly owned subsidiary of infrastructure funds managed by Goldman Sachs Asset Management, signed an agreement a few days ago with NTS, a wholly owned subsidiary of Norway’s SalMar and Frøy, whereby it will purchase NTS’s entire stake in Frøy, a leading integrated aqua service competence and infrastructure partner to the salmon farming industry. The purchase will...
Indonesian aquatic technology company eFishery has become its country’s latest unicorn after raising SGD 108 million in a Series D funding round led by United Arab Emirates (UAE)-based G42 Global Expansion Fund (42XFund). According to regulatory filings, eFishery could even raise up to USD 200 million in additional funding. 42XFund contributed SGD 1 million to the round, while SoftBank Vision...
As it continues its search for partners, startup Atarraya is preparing an e-commerce website from which to offer consumers its sustainably produced shrimp from its Indianapolis facility. There, Indianapolis customers will be able to purchase locally produced shrimp directly from the company. Atarraya is building an e-commerce website for its products, where shrimp is available in medium (41-50 units/pound) and...
Conservation International and the leading aquaculture technology company XpertSea announced a Climate Smart Shrimp pilot in Ecuador, an innovative solution to champion regenerative farming practices. The program facilitates lower-carbon farming practices while directly addressing the issue of mangrove deforestation. This turn-key program is a streamlined way for seafood buyers to support farmers, reduce carbon, and restore mangroves, driving the industry...
Innovasea, the global leader in technologically advanced aquatic solutions for aquaculture and fish tracking, announced that it has successfully helped Petros secure government approval for a 3,000 tonne open ocean fish farm 8 kilometers off the southwest coast of Aruba. “We’re thrilled to be partnering with Petros to create Aruba’s first ocean-based fish farm,” said Langley Gace, Innovasea’s senior vice...
ADM will be present at Aquishow 2023, the industry exhibition in São José do Rio Preto (São Paulo, Brazil), where it will showcase its science-backed solutions to address the challenges currently facing the aquaculture industry, always following key pillars, including sustainability, performance and profitability, reported the Chicago-based company in the United States. At the ADM booth, aquatic nutrition experts will...
Laksesystemer and Agrilight announced a new strategic partnership in the landbased aquaculture industry. The Norwegian company Laksesystemer and Netherlands-based Agrilight are now entering into a closer collaboration on lighting for land-based farming with the development of a lighting concept for salmon breeding: the aim is to reduce the fish's stress level, improve feed utilization and reduce energy consumption. “Together with...
The Aquaculture Research Institute of University of Maine, in the United States (US), has been awarded USD 2.25 million per year of congressional programmatic funding from the United States Department of Agriculture Agricultural Research Service (USDA-ARS) for research on Recirculating Aquaculture Systems at the National Cold Water Marine Aquaculture Center. “We’re committed to expanding our knowledge and expertise in RAS...
A significant breakthrough in the development of disease-resistant tilapia strains. Effective May 1, the Norwegian company Benchmark has appointed Kate Furhovden Stenerud as the new Commercial Director for salmon, while Thommy Holmvåg was promoted to the position of Commercial Lead for genetics in Norway. These changes are part of the company’s strategy to enhance its sales of genetics and health...
BioMar and Agronutris have signed some days ago a long-term partnership to develop the next generation of black soldier fly meals specifically designed for the needs of the aquaculture industry. After years of R&D, insect meal is now seen as a promising new ingredient on a clear pathway to being widely adopted. A wide portfolio of insect meals design for...
Following more than three years of development for the region, and in collaboration with technological partner Go Smart, an Israel-based precision farming start-up, Skretting Southern Europe has launched Skretting 360+, together with its long-term commitment to enable Mediterranean aquaculture to sustainably increase its fish production while also reducing its exposure to risk. This ground-breaking concept empowers farmers to establish much...
