Kenya’s Victory Farms nets $5m as it edges towards precision fish farming
Victory Farms, East Africa’s largest commercial fish farmer, is setting its sights further afield in DRC, Tanzania and Rwanda.
Victory Farms, East Africa’s largest commercial fish farmer, is setting its sights further afield in DRC, Tanzania and Rwanda.
But the startup needs to get regulatory approval before it can sell its cell-cultured salmon to US consumers.
Subsidies are “driving the destruction of ecosystems and species extinction,” according to a new report from The B Team and Business For Nature.
The Bandung-based startup plans to launch into other major fish and shrimp farming markets, including China and India.
The Trondheim-based startup believes it’s differentiated by its use of on-site edge processing, rather than relying on cloud computing.
Tilapia farming can help feed sub-Saharan Africa’s booming population. But investment in everything from basic infrastructure to technology is needed first.
The Chennai-based startup will use the pre-Series A funds to strengthen its fintech offering, while also boosting the volume of seafood exports it handles.
The US startup will use the convertible note financing to complete its pilot production facility in San Diego. But its next factory could very well be in Asia, says CEO Lou Cooperhouse.
Hong Kong’s Avant will expand its focus beyond traditional Chinese cuisine with new products tailored to Western markets.
AquaBounty has been swimming upstream against a wave of opposition since receiving FDA approval for its GE salmon in 2015. But it has finally caught a rising tide.
How do you farm in the ocean? It turns out there are lots of ways, as Scott Nichols explains.
The French feed ingredient developer uses a proprietary encapsulation technology to make fish feed more efficient once its consumed.
A UN FAO report also showed that global aquaculture production is catching up with catch-based production systems.
The six winning startups beat out 150 total applicants in a competitive 18-month accelerator program featuring investors and experts.
Indian VC firm Omnivore tells AFN that aquaculture tech app Aquaconnect has raised a $1.1m seed round from Omnivore and HATCH. Read on to find out more.
The WorldFish and IFPRI join forces to carry out research into a future of seafood, without the sea, and how it could improve the world.
Cargill “gives peas more chances” with $75m investment into Puris. It also entered a JV with White Dog Labs to supply an alternative to unsustainable fishmeal to the aquaculture industry.
Cargill, the Municipal Employee Retirement System of Michigan and multi-family office Bessemer Trust joined existing investors to fund commercialization of Calysta’s FeedKind range.
Mike Betts, director of investments at AgFunder, shares his key takeaways from the event and his thoughts on the growing aquaculture sector.
Sustainable seafood business competition Fish 2.0 has selected 37 companies to pitch to investors at its Stanford University final in November, with aquaculture-focused businesses representing over a third of the group.