In October 2019, Aqua-Spark, the Netherlands-based investor committed to transforming the global aquaculture industry into one that is healthier, more sustainable, and more accessible, became our first investor.
They invest in aquaculture companies across the value chain—spanning farming operations, alternative feed ingredients, disease-battling technology, and consumer-facing aquaculture products. These companies are solving some of the industry’s big challenges while bringing returns that are comparable to today’s traditional industry. The portfolio works as an ecosystem, with the companies agreeing to collaborate on optimal solutions, and working together toward this shared vision of a more efficient global aquaculture industry.
Aqua-Spark chose to back us because of our focus on developing technologies for responsible farming and increasing animal welfare in aquaculture both of which are an important part of the fund’s mission.
Aqua-Spark has a successful model for supporting and growing companies with a long-term perspective that aligns well with our own strategic plan. The investment has allowed us to expand our operations across the globe and increase our stock of rental equipment to better serve the needs of our expanding domestic and international rental customers. They have also helped us increase the number and scale of our R&D projects.
We are excited to work with their team and to grow stronger partnerships with some of the highly innovative companies in their portfolio.
In July 2020, we also secured investment from Chroma Ventures – the investment arm of 4J Studios where two of Scotland’s most successful entrepreneurs Paddy Burns and Chris van der Kuyl invest in great ideas and great people. 4J Studios is best known for developing Minecraft for Microsoft, Sony and Nintendo games consoles.
Their investment and expertise in user interface design, technology and growing digital businesses is being put to good use with the creation of our new customer portal that will help our customers run environmentally sustainable operations at the touch of a button. They are also helping with our growth and innovation strategy so we can blend the best of physical and digital technologies in our sector.