Oceanloop secures up to €38.5 million for land-based fish farming scale-up
Image: Primary Oceanloop has secured up to €38.5 million to expand its software-driven recirculating aquaculture systems and Giant Grouper production in Europe. The package includes equity commitments from Hatch Blue's Blue Revolution Fund and Stolt Ventures plus a €32 million European Investment Bank venture-debt facility. Oceanloop says sales from its Strande farm began in April and that it plans a 250-ton Kiel farm, followed by a planned 2,000-ton facility on Gran Canaria.
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