ImpactAlpha, November 20 – Baja California, Mexico-based Kampachi Company won the second Fish 2.0 competition three years ago for its plans to sustainably farm sushi-grade kampachi tuna and sell it as an alternative to overfished bluefin tuna. Now, it’s raised an undisclosed amount of equity from Althelia Ecosphere’s Sustainable Ocean Fund. Rich Menu of Seafood
Aqua-Spark backs CageEye to improve fish farm management
ImpactAlpha, October 26 – Oslo-based CageEye makes sensors that monitor salmon farms by tracking fish movements. The information allows fish farmers to improve decision-making and automate tasks like feeding, which improves efficiency and reduces costs. (Feed is the biggest input cost for aquaculture operations.) Sustainable seafood venture fund Aqua-Spark has invested an undisclosed amount in the company, providing
The Meloy Fund closes $22 million for sustainable fisheries
- Conservation organization Rare developed the fund around a mission to supporting sustainable coastal fisheries—both in terms of ecological and livelihood impact—in Indonesia and the Philippines.
Stocking the pipeline of sustainable seafood investments
- Today’s solid pipeline of investible companies is due in no small part to the Fish 2.0 competition, which has helped dozens of companies hone their business plans and connect with investors.
Circulate Capital brings corporate customers to sustainable-oceans investing
- More than half of the plastics in the ocean comes from South and Southeast Asia
Sustainable Ocean Fund raises $37.5 million for ‘life under water’
Financing ecosystem conservation deals is complicated enough, what with the need for local partnerships, sustainable commodity production, payments for ecosystem services, and ways to improve local livelihoods. Financing such projects in coastal communities and marine environments is even more complex. There are no more than a handful of impact funds targeting ocean investments, and countries
Finless Foods secures $3.5 million for lab grown fish
- Lab-grown meat startups haven’t yet put any products on the market, but the spectrum of products in development is diversifying.